Another opinion simply based on price were getting and production.
Today: approx $2400/t x 600kt = Cap $10.47B
1000p say $2400/t x1000kt = Cap $17.45B (70% more due to extra production)
1000p say $8000/t x1000kt = Cap $60.00B (about 3x price increase, @ 1000p) = $20ps
This does not include POSCO, Lithium Salts, New partner whoever that may be.
Very simplistic, I know, but maybe we won't need a lithium price of 18000.
Also if we produce salts, we will be getting a much higher value for the same amount of lithium.
Good News & Bad News, page-35602
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Last
$3.02 |
Change
0.080(2.72%) |
Mkt cap ! $9.090B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.04 | $2.96 | $59.25M | 19.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 40915 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 318781 | 14 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |