They indeed have a long way to go, further cementing Ken's position that geting a lithium mine established and working is bloody hard work and quite rare. To Core's credit, they are at least making money and can fund their operations and planned expansions. Give them some time and they could reach their potential. They are green as can be but are making their way.
The fortunate thing for PLS was the timing of the ramp up, lithium fever hit and PLS made the right moves at the right time and rode the wave beautifully. Thankfully their work ethic has landed them in a very positive spot. Also further evidence how brutal the market is.
Very easy to praise a company with lovely looking forward estimates and easy to sell 'head in the clouds' analysis (ie DLE) but when you get your boots dirty doing the work reality is much harder.
Your calls over the years about the difficulty of operations is being proven again and again @dfs1
They indeed have a long way to go, further cementing Ken's...
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Last
$2.85 |
Change
-0.030(1.04%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.89 | $2.82 | $51.48M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6942 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 129885 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |