"True mate, but what happens if PLS go to P2000!!."
I have been a PLS holder since 2014 and will continue to be for at least the next few years.
However ....and this is only a 'perhaps' thought ..... Lithium is certainly the here and now and certainly shall be for the near forseeable by necessity for EV and other battery needs (200+ mega-factories churning out make that obvious).
BUT ... and I say again IMO but, there is much research for better ways out there, sodium battery tech for example (look at Toyota with their Sodium Battery tech - planned 200,000 vehicles by 2025, 800,000 by 2030). What I am saying is that I agree that a 20 year PLS Li mine life cycle is fantastic and compelling, but to increase investment in this same Li technology as it exists today to double that mine life/capacity would be to believe that nothing will change/advance - which of course is a nonsense. I can imagine that in 10 years time EVs with huge quantities of Li batteries in the floor pan will look dated - tech advances so quickly.
I love this PLS Li story - it has made me very comfortable to say the least, but to expand into digging up more Lithium instead of diversifying would IMO be short-sighted. And short-sightedness has never been a failing of PLS management.
GLTAH
- Forums
- ASX - By Stock
- Good News & Bad News
"True mate, but what happens if PLS go to P2000!!." I have been...
-
-
- There are more pages in this discussion • 18,446 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B |
Open | High | Low | Value | Volume |
$2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 127610 | $2.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 103550 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 127610 | 2.880 |
15 | 614989 | 2.870 |
19 | 289890 | 2.860 |
45 | 406192 | 2.850 |
11 | 61778 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 103550 | 8 |
2.910 | 8100 | 2 |
2.920 | 527913 | 9 |
2.930 | 327955 | 13 |
2.940 | 338315 | 11 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |