PLL 0.00% 15.0¢ piedmont lithium inc.

AGY has been a bonanza for me and bitterly regret dumping PLS...

  1. 144 Posts.
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    AGY has been a bonanza for me and bitterly regret dumping PLS way too early. I have been watching PLL for a long time and have just started accumulating. It appears to be a reasonable risk as the share price hinges on the mining approval. However, just looking at a few figures, it appears the upside potential is huge and would appreciate feedback from those of you who understand it really well.
    PLS ($10 bil cap) did 280,000T SC6 in 2021 losing 50 million in the process. However, the share price kept rocketing up on the plan to do 580,000T in 2022. Talk of PLL losing etc etc seems ill informed about how mining works, or just attempts to be provocative. (The first thing I did on joining this forum was to put one notorious poster on ignore).
    PLL total planning is for 450,000T SC6, just using that as a base to compare directly before going into the LiOH conversion. Break up is 250,000T from Gaston, 60,000T from SYA, 130,00T from Ghana JV. The 250,000T from gaston converted to LiOH for which demand by 2030 will be three times that of Li Carbonate, will be a cash cow.

    So yes, it will take a couple of years, but if they do get to all this and we do a quick reference to the PLS market cap, looking at the daily gyrations in share price would seem pointless. This could be huge for those with the patience to see it through. Or have I missed something?







 
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