Further to what Whisky mentioned:
-PLS are hard rock miners selling spod for approx. $6,000 - 6,500 USD/tonne
-AGY will be producing lithium brine chemicals- battery grade lithium carbonate that sells for approx. $67,000-70,000. USD/ tonne.
AGY basic earning potential/ projections pa. using current market pricing @:
2000t pa 1st year 2000t x $67,000 = 134,000,000
12,000t pa : 12000t x $67,000 = 804,000,000.
Not bad at all for a co. with 400-500m market cap! Looks like a veeeerrrryyyy healthy P/E to me once we start producing. Yes GCar not long now...
DYOR AIMO
Further to what Whisky mentioned:-PLS are hard rock miners...
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