You would be a brave person to short PLS, which is sitting on the best spodumene/lithium deposit on the planet. Greenbushes, the other spectacular deposit, is now mining at below 300m, which makes PLS' deposit the cheapest potentially. Further, the Lithium giants in the US have brine operations which are capped due to geo-political issues, and guess where they are looking to expand their operations.
In the next few months, I predict PLS may well be be on the front pages of the financial papers in the US. It's going to get fun around here folks!!
PLS Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
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