MNS went from 40c to $1 in the 3 months following its BFS (I assume BFS and DFS have similar confidence intervals built into them). I can't say that the two pieces of data are inextricably linked though. And I am definitely not saying we will go to $1.50.
However it should positively impact the price. Even if we still only announce a 2Mt plant but increase the spodumene price from $450 to $600 that improves our margins over cost of production more than 50%. That alone should bring our NPV value to $1bn. On that basis I would expect to see 90c at some point in the months to follow.
I am interested to see if they will build any allowances in for the JV's and the BOA with GLC being based on carbonate prices and not spod prices. I feel plenty of opportunities for shocks to the upside. Which is what we need. Anything that hasn't been anticipated by the market and accounted for to some degree will provide an upside catalyst.
You seem like you have been doing this for a while. Patience will be a virtue. Easier said than done I know.
Lithium Bubble ??, page-129
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |