Assuming they're keeping their cash position in a high-interest yield investment or account (praying they're looking more into M&A) - they'll be making ~$100-200 million in interest a year off the cash position alone shortly. Revenue numbers for this company are startling and with P680, P1000, JVs with POSCO etc coming online the economics of the company are only going to get stronger. The pragmatist in me looks at the possible scenario where the cost of lithium halves in the next few years, the realist points out that the company will have doubled their production by then and will still be printing no less than a billion dollars a quarter.
The idealist is sucking their thumb in the corner wondering what happens if the price of lithium stays at current highs or even increases through to 2032, I'm worried about that boy...
Proud to be a holder and looking forward to what PLS has in store.
Good News & Bad News, page-23588
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Last
$2.98 |
Change
0.110(3.83%) |
Mkt cap ! $8.969B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.10 | $2.95 | $98.90M | 32.90M |
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| No. | Vol. | Price($) |
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| 5 | 16986 | $2.97 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 175531 | 5 |
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