Spodumene Prices, page-4442

not really,
it does incorporate growth via production
so no growth via an increase in the spod price. I think we can all agree that there is no growth there. It'll probably stay around $1000 for a couple of years.
However growth in production is another story .....

you see I mentioned that PLS produced 281 kdmt in FY '21 @ $1000 and the share price was $2
it is now producing 660 kmt, double that @ the same price $1079 so the share price should be double what it is ie $4
the aim is to produce 1000 kmt (1m ) in FY '25 say at $1000 you then get a share price of say roughly $6
Now imagine if you double production another 1 m metric tonnes as they say from '28 (P2000) the share price should double again correct?
so we are looking at a $12 share here.
a $12 share trading at $3 today