Pretty sure positive margins equate to profits. Of course PLS is making profits. Their costs are less than the current spot price.
My whole point though which has nothing to do with your reply to me is that at some point individual companies need to start being priced on their own merits not on the market sentiment. Lithium is down just ~10% this year on the spot market. ALTM is down over 50%. TSLA is up 50% in the last month.
Argentinian brine at ALTM scale is making money at 10k/t LCE. That is a fact. ALTM Argentinian expansion is on track. Another fact. These are simply not priced in.
General Discussion, page-1767
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$4.47 |
Change
-0.390(8.02%) |
Mkt cap ! $1.655B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3204 | $4.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 1842 | 1 |
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