With the supply/demand gap widening, both PLS & LTR are sitting pretty.
Methinks that if the potential processing JV partners had only one Aussie supplier to deal with, an overall better outcome would result. ie The incentive to be the chosen partner would have the rivals scrambling, and wanting to gain security of supply. Pity for the losers. Hopefully JS is sounding out TG in this regard.
A joker in the pack is the Demo mid-stream plant ( FID next week ) which targets mid 2024 for commissioning. We have recently seen demand estimates for ESS revised upwards ——-maybe the mid stream salt is a good starting product for ESS (domestic) batteries . Validation or otherwise of the process and equipment ought not take too long, and if a success it will be revolutionary.
Cheers
With the supply/demand gap widening, both PLS & LTR are sitting...
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Last
$4.06 |
Change
-0.010(0.25%) |
Mkt cap ! $12.21B | |||
| Open | High | Low | Value | Volume |
| $4.06 | $4.07 | $3.96 | $64.36M | 15.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1404 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.06 | 3400 | 1 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$4.05 |
Change
-0.010 ( 0.64 %) |
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| Open | High | Low | Volume | ||
| $4.05 | $4.07 | $3.96 | 4355959 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| PLS (ASX) Chart |