If PLS remains at 2.0Mt/yr, then our valuation would be 46c/share.
That's the critical issue.
People are not as interested in 40 year mine life but real returns and in the Lithium case the bulk of those returns should be in the next 10 years
We have up to 10 years we can look to with any kind of certainty.
Lithium may not be used for the optimum battery in 10 years.
The amount of money going into research now is huge and to suggest we are safe beyond 10 years is only for the brave.
If PLS remains at 2.0Mt/yr, then our valuation would be...
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Last
$3.15 |
Change
-0.015(0.47%) |
Mkt cap ! $9.305B | |||
| Open | High | Low | Value | Volume |
| $3.09 | $3.15 | $3.06 | $10.13M | 3.272M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 271221 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 41691 | 12 |
View Market Depth
| Last trade - 11.33am 18/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |