That article is six weeks old and quite cursory on the fundamentals and macro picture (no real distinction drawn on types of Li materials being mined as a starter) but severe on scaremongering in a style that reminds me of SeekingAlpha bloggers.
Who is to say Tesla won't be at the mercy of price makers of at all and with a new type of battery and why only Tesla focussed on? --- How many car manufacturers out there besides Tesla and what do they think of lithium market dynamics? Why such sloppy journalism? Bent on making probably life changing choices with such shallow investigation?
Also why only the opinion of Macq? If I was a Reuters journalist I would ask six banks at least what they think to lend credibility to a "worried" viewpoint. And if they all contradict each other then that's interesting in itself. But if not if they all think like Macq then we would be hearing more of it in this article but we haven't.
Part of opacity issue might be that many of the people who are power-broking lithium materials communicate in 中国語.
For this HC forum and stock, we've just heard today from Oz blue's Chinese translator that the main players mentioned in the article above on the Greenbush mine have their gaze on PLS with a JV.
So that article by author, God almighty, Reuters, is a bit whiskered and for some vested interest howling. Will the howling continue unabated after the DFS?
If there is something better than lithium as a material in batteries then that would be considered by any wise investor on its merits as it appears but not on the basis of what-ifs.
- Forums
- ASX - By Stock
- PLS
- Lithium Bubble ??
Lithium Bubble ??, page-30
-
- There are more pages in this discussion • 125 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.85 |
Change
-0.030(1.04%) |
Mkt cap ! $8.582B |
Open | High | Low | Value | Volume |
$2.86 | $2.87 | $2.78 | $46.76M | 16.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2708 | $2.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.85 | 123365 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2708 | 2.830 |
3 | 22381 | 2.800 |
4 | 21515 | 2.790 |
28 | 190242 | 2.780 |
14 | 539259 | 2.770 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 123365 | 7 |
2.860 | 102190 | 10 |
2.870 | 21250 | 3 |
2.880 | 74712 | 10 |
2.890 | 16991 | 5 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |