Yeah but GXY doesn't deserve anymore valuation until it can unlock value from JB or SDV which won't produce at earlier by 2020 (one confirmed from a Quebec mining permit timeline, the other only having test ponds) Mt Cat will produce but it's a much smaller resource with lower grade lithium. By the time GXY ramps up production PLS will be producing 5 mtpa if not 10 mtpa, given that it will much easier to ramp up at one location rather than multiple locations. The other given that there is not a talent in brine production to be able hire and train workers in Argentina (requires at least 220 workers to produced 25 KTPA of Lithium Carbonate) ORE should gain higher valuation as it ramps up, so ORE and PLS should be neck and neck.
Yeah but GXY doesn't deserve anymore valuation until it can...
-
- There are more pages in this discussion • 80 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
$3.00 |
Change
0.030(1.01%) |
Mkt cap ! $9.089B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.07 | $2.93 | $75.87M | 25.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 239340 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 16185 | 6 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |