Hi Chris - yes agree with what you have written.
In 2 years time stage 2 will have been running at nameplate for a while, the Hydroxide plant may be being built and stage 3 could be definitely on the cards.
These are things that would Also not go unnoticed by larger players like RIO, BHP and other large Lithium miners - pretty much at the point where demand could definitely outstrip supply...
So while $2.00 looks fair now (with some record of money flowing in first), I think $5.00 is a definite possibility too based on the above.
SK60
Day to day discussions on S/P, page-5220
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.13 |
Change
0.170(5.74%) |
Mkt cap ! $9.425B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.14 | $3.01 | $78.76M | 25.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1050 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 385402 | 22 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |