Ann: March 2022 Quarterly Activities Report, page-89

Yep, and that's roughly earnings of 1 AU$/share

The trick is that most of people don't believe these high prices are here to stay for long, may be a quarter or 2... but the fact is that nobody knows it.

IMHO the odds are with us; we are seeing the birth of a new commodity, which it's in its infancy ( no commodity yet), and the 'normal' pricing won't be achieved till we start to see mining growth outpacing the battery's one; the most effective the batteries gets, the more applications people find for it, and more demand is created...

On the hand the more resources we tap into, to cover a higher demand for lithium, the higher the marginal price for its mining, as we expand to less efficient sources.

For me this is a long term play with odds to be a life changing investment, hence my PF is 25% in PLS...let the winners run !

Have a nice long weekend.