No, it is clearly not better.
When LTR starts to produce, supposedly in late 2024. At current rate, PLS will have earned 5 billion cash.
So in 2024, if their sp stays where it is now, we will be looking at a effective 2 billion (7-5=2) market cap PLS, which has 1,000k capacity, and 2.4 billion LTR, which just started production and still needs at least about another two years to fully ramp up to 500k.
The above doea not even consider POSCO and Calix, does not consider the higher certainty with PLS.
Who is the winner?
No, it is clearly not better.When LTR starts to produce,...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |