As a PS to my "simple" blog answer Kaunas, you will note ALL tier 1 lithium producers (inc locals PLS, MIN, AKE) and EVs producers are facing headwinds. From ALB all the way to newbys CXO, top EV producer brands Tesla, Byd, Nio etc it all smells???? - so not just a PLS thingy. YET BEVs are at 14% uptake globally (in 2019 it was 2.1%) its a no brainer. My conviction follows PLS management/resource quality/quantity size, the BEOT constant market push to hold the stock, BMI insistance that globally we still need 12 x PLSs to meet demand. I not convinced that CE (MIN) and Gina R do "not want to have a very large say" in later M@A/JV action in sound home Oz Lithium plays. Am impressed with PLS JV with POSCO/Calix growth insurance - its worth industry/ management capability heaps. Again IMO, DYOR GLLTSHs
Good News & Bad News, page-35593
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