CXO - Chart Thread, page-2987

Nice post mrP although I don't agree with your comments on PLS.
Their current finances are based on operational difficulties on the back on WA lockdown/ unavailability of staff primarily to ramp up as quickly as originally planned. in 23FY they are expected to be operational at btw 530-560kT and with contract prices approaching spot. If you plug those numbers into your equation things look very rosy and doesn't include their upside project potential underway including hydroxide plant with POSCO, Lithia salts project with Calix, nor plans to get to 1MT. The market is forward looking in growth stocks that seemingly have no end of growth which typically isn't the case for mining stocks being so cyclical. Just look to the likes of REA and Tesla! so I believe all producing lithium stocks will fare much better than your ol mates expectations.