I think a market cap of $3b+ within 12 months is extremely likely. This deal with Great Wall means that the expansion to 5mt will happen immediately that the 2mtpa operation is in full swing. The market will understand that, see the incredible economics of this and by then PLS will be in the ASX200 and the Analysts will begin to see the light. Also, lithium prices will likely be higher again! Plus Mt Francisco will be being drilled. It's all lining up!
Ann: Great Wall Motor Backs Pilgangoora Stage 2 Expansion, page-165
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Last
$3.00 |
Change
-0.080(2.60%) |
Mkt cap ! $9.032B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.05 | $2.97 | $55.47M | 18.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 980 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 39640 | 5 |
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| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |