Lithium Price will determine PLS Share Price, however so is How...

Lithium Price will determine PLS Share Price, however so is How much PLS produce and sell..... Market at the moment is ONE EYED and only focus on Lithium Price. Our P1000 project will increase revenue and reduce cost per ton and is currently undervalued.

Difference between 150k per Q and 250k per Q is enormous. According to www.metal.com, current SC6.0 spot price CIF China is US$3810 per ton. If PLS is producing SC5.3 and sell around US$3366 or A$5048 per ton, with cost around A$1200, PLS is making A$3848 per ton margin. and with P1000, that is extra A$385M per Q or A$1.54B a year!!

Surely PLS doesn't sell everything on the SPOT market, hence there are difference with SPOT prices and it's realised price.

According to www.metal.com:
September Q 22, Spot price averaged US$5068 (SC6 CIF China) and PLS realised price was US$4813 (SC6).
December Q 22, Spot price averaged US$5339 (SC6 CIF China) and PLS realised price was US$6273 (SC6).
March Q 23, Spot price averaged US$5289 (SC6 CIF China) and PLS realised price is ???.
(January average US$5484, February average US$5448, March average US$4935)

Let say PLS March Q realised price was US$5000 SC6 or US$4416 SC5.3 or A$6625 per ton. March Q Gross Margin is estimated to be A$6625 - $1225 (cost) x 150k ton = A$750M, another BIG Q.

How about June Q? Most people will say Market is forward thinking. If say SC6.0 price drop to US$3000, then PLS Gross Margin will be estimated around A$420M per Q... but with P1000, PLS Gross Margin will be estimated around A$700M per Q... that is equivalent to CURRENT US$4500 SC6 Spot!

So when will the Market value PLS P1000? I guess it's just Time.

Cheers All