From reading the article it "looks like" Piedmont is cursed by poor management and have not only peed off the local county responsible for granting the required permits, they have peed off the local landholders. Woops! - there's another potential lithium supplier that is looking a little dodgy.
A rather good example of just how difficult it is to get a lithium project up and running. Problems long behind PLS, which puts us and a few others in a commanding position for at least the next 2 to 3 years - and possibly beyond if Ken plays his cards right.
By the way, they're buying the dip on the US market tonight, so bodes well for the ASX on the morrow.
Good News & Bad News, page-2090
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Last
$2.74 |
Change
-0.110(3.86%) |
Mkt cap ! $8.249B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.80 | $2.66 | $184.4M | 67.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 238827 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.74 | 274109 | 7 |
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| PLS (ASX) Chart |