Some types dive in here to talk of doom and gloom about Li and how PMT is obviously still development and its got get to operation.
Some of those make up stuff about Li markets, EV's and just bait on standard mining issues of dealing with water courses and landowner relations. Suggest PMT will never get there given Li will be too cheap.
Here is a story today in the Fin Review.
Electric vehicles: Why the oversupply of batteries risks future investment in gigafactories (copyright link)
My take? We will be opening up in some good times to be a large scale global offtake long term resource.
All my own opinion not advice and DYOR.
With the lovely green end to the week - add this news story to your cheer for a great weekend.
AFR Report 09082024
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Last
41.0¢ |
Change
-0.025(5.75%) |
Mkt cap ! $244.1M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.5¢ | 40.5¢ | $690.6K | 1.653M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55000 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 7000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PMT (ASX) Chart |