Exactly, on GXY, it's value is based on SDV and JB which will be better in the long run but thats not going to produce til 2020+ (JB source: Quebec Mining Permit) SDV will need 220+ workers (source is ORE staff is 220+), and will need to develop roads and infrastructure in Arg in order for the area to become a functioning place. ORE took roughly 20 years to get to nameplate production (Brine production is always easier said than done).
PLS expansions (5 MTPA, 10 MTPA, Mt. Francisco) will develop much faster than GXYs expansions and will produce much more IMO in a shorter time frame, so its valuations are justified and IMO will go higher
January Tea Leaf Musings !, page-46
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Last
$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15056 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 89928 | 9 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |