EV/Lithium, page-1464

PLS @ $1.14 which is 52-week low!

I have been warning you about lithium stocks (see below) and that PLS and LTR are far from being cheap on a market cap basis.

EV/Lithium, 78539388, page-1447 | HotCopper Forum

$PLS oops...can we all finally agree it's not "cheap"?
what's my credentials on the stock37 x Feature Downtrend = Highest Conviction SHORT last 12 months + countless regular downtrend appearances
https://x.com/CarlCapolingua/status/1929421857771646992

..can you see the giant X-mas tree on the 5 year chart?
..this is heading for $1-1.04 and even at current price, market cap is a large $3.68B valuation.

5 year view
PLS Stock Price and Chart — ASXLS — TradingView

..I told you I see low short and medium term future prospect for Australian lithium, and lithium stocks like PLS and LTR have ways to go to the downside.
..with increased limitation to US access to rare earths, you'd wonder if strategically US will need to reduce their EV production as EV motors use Nd, Pr, Dy and Tb rare earths while ICE vehicles use significant less with small presence in catalytic converters, to ration rare earths use for military purposes.
..you can joint the dots between the rare earths issue and EV/Lithium.