@Kikker1959 pretty much summed up the PLS situation: (I believe he is also a holder of LTR)
...Nothing new here really, we knew that there is a bottle neck with the conversion plants. This is because the industry did not expect that the demand for batteries would be so big and the build started too late. The car companies are waiting for batteries and the miners are waiting to deliver spod! Nothing to do with the demand by the consumer. Its huge. The price decline of Spod is a function of the above. (cushioned by the falling exchange rate)The conversion plants are not ready at volume, so no push on the price of Spod upwards. As soon as these plants are ready to get spod and start producing all hell will break lose. IMO...
Lithium Related Media Articles, page-125
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Last
92.5¢ |
Change
-0.040(4.15%) |
Mkt cap ! $2.243B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 95.0¢ | 92.0¢ | $8.521M | 9.153M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 369258 | 92.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 5600 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |