I think in general, miners get priced forward looking but based on the price of their raw materials. From the point lithium prices start trending upwards PLS will get the forward looking valuation you are looking for. Especially with this sector where the forecasts are hard to judge the timing. The cash position here is encouraging as it means you can hold for prices to swing.
Tesla's valuation is pretty ridiculous. It is clearly being judged as a tech stock that has huge potential. I can't say I would be buying it at these prices.
Ann: Quarterly Operational Update, page-63
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Last
$2.89 |
Change
0.040(1.40%) |
Mkt cap ! $8.703B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.89 | $2.78 | $29.90M | 10.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39193 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 73947 | 7 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |