No you absolutely have every right to post here, and i've also got the right to call out nonsense as do others.
Once again, average ore sold for $4300 last quarter, spot prices have moved up so in combination of spot and contracted ore i'm calling for an average of $5000 (i could be conservative here or bang on the money) but i see little downside for the rest of FY23
So based on what you know now, do you still think PLS is overvalued?
I agree with you that PLS will not 5x or 10x from here, but 2x or 3x is still a possibility for existing holders. For new holders they can get divvies and a likely 100% ROI in capital growth over the next 1 - 2 years.
Then there's more upside of Lithium prices hold (if they don't then everyone gets smashed including your holdings in North America, but aren't we all bulls here with the thesis that we have a multi year supply deficit?
- 580,000 tonnes to 1,000,000 tonnes (~ 70% tonnes upside in production output)
- Calix
- POSCO JV
- Dividends
- Further investment downstream or M&A possibilities
If spod prices are at a realised price of $5k for the next few years, tell me why this isn't a $10+ stock?
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Last
$3.06 |
Change
-0.005(0.16%) |
Mkt cap ! $9.346B |
Open | High | Low | Value | Volume |
$3.08 | $3.11 | $3.03 | $25.08M | 8.150M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 136092 | $3.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.06 | 364000 | 58 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 389359 | 3.040 |
59 | 730181 | 3.030 |
41 | 454458 | 3.020 |
35 | 409007 | 3.010 |
73 | 498714 | 3.000 |
Price($) | Vol. | No. |
---|---|---|
3.050 | 235706 | 44 |
3.060 | 421986 | 29 |
3.070 | 333387 | 20 |
3.080 | 411576 | 16 |
3.090 | 145959 | 8 |
Last trade - 12.06pm 15/07/2024 (20 minute delay) ? |
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