PLS 14.0% $2.69 pilbara minerals limited

Absolute moron.Did you read the first comment in that article?...

  1. 1,228 Posts.
    lightbulb Created with Sketch. 881
    Absolute moron.
    Did you read the first comment in that article? No? Here it is:

    Homer10

    OK, whenever I hear something like this, I have to do the math. If a Tesla S3 has a 40HWh battery, and you want to charge it in a few seconds (Let’s say 5 seconds). Well, you can’t get more out of a battery than what you put in. So, to charge a 40KWh battery, you need to put in 40KWh of power to the battery to get 40KWh out. So to put 40KWh into a battery in 5 seconds, you have to cram an amazing 28,800KWh of power into the battery for 5 seconds to fully charge the battery. Yeah, that’s almost 29 MEGA WATTS! I’m thinking that the charger cable would be turning into plasma at that power level. It wouldn’t be good. But this is also around the same amount of power consumed by a small city briefly. 29MW/240Volts yields a current of 120,000 Amps at nominal voltage levels (WOW!). Where could you get a connection that could pass that kind of current? So, my conclusion is that this is patently impossible to do. Physics just won’t allow this to happen without a large fire occurring.


 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.69
Change
0.330(14.0%)
Mkt cap ! $8.220B
Open High Low Value Volume
$2.55 $2.77 $2.53 $96.74M 36.54M

Buyers (Bids)

No. Vol. Price($)
14 65802 $2.69
 

Sellers (Offers)

Price($) Vol. No.
$2.70 75543 15
View Market Depth
Last trade - 12.26pm 11/09/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.