Clearly, it hasn't occurred to you that the strategy for P2000, I assume, is twofold. First, to increase future production should the price of spod remains low for an extended period, so they can maintain a workable profit margin (insurance if you will). Or jump for joy when the spod price experiences its next moon shot (let's call it positioning). The second, to scare the living bejesus out of marginal producers in the knowledge that a sh&&p load of additional supply is on its way to further crush their hopes and dreams - bankruptcy or care & maintenance cometh for thee, as in them.
Take out all the marginal producers, including the lepodite mob, the African slaves and the DSO peasantry, and all will flock to the top tier, low-cost producers - like PLS - poised, positioned, established, uber liquid, well managed and able to successfully navigate the lithium sectors highs and lows.
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Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B |
Open | High | Low | Value | Volume |
$2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 716181 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 235000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13455 | 2.960 |
1 | 338 | 2.950 |
5 | 74501 | 2.940 |
5 | 20445 | 2.930 |
9 | 100440 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.990 | 39749 | 3 |
3.000 | 90073 | 11 |
3.010 | 93481 | 5 |
3.020 | 125136 | 14 |
3.030 | 53015 | 6 |
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