PLL 5.00% 15.8¢ piedmont lithium inc.

PLL to be reach $ 1 in 6-12 months, page-3

  1. 1,854 Posts.
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    Did you really just compare PLL with NVX?
    PLL has the mining rights to some rocks in the ground, and a binding fixed price sales agreement with tesla made when prices are below the cost of production.
    NVX develop and manufacture high precision battery testing equipment, and own the IP for several cutting edge technologies to improve cathode and anode manufacturing processes.
    The only thing these two stocks have in common is they have both suffered from a pump and dump recently due to uninformed herd mentality punters jumping on any sniff of a rumour of a link to Tesla.

    They are two radically different companies with totally different growth prospects and revenue streams.

    If you want to compare the market cap of PLL against peers, perhaps take a look at the other spodumene mining and hydroxide conversion plants currently in early planning stages?
    I dont think you'll find the information all that favourable at current pricing.
 
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