PLL 3.33% 14.5¢ piedmont lithium inc.

Yes, I think the problematic issue with the Hastings deal is not...

  1. 5,243 Posts.
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    Yes, I think the problematic issue with the Hastings deal is not the $1 million cost, which PLL are probably willing to pay, but it's the rate of ongoing royalties the man wants, they are too high I'd expect.

    So here goes PLL again today, up and up, and I wonder if the buying is being done by the same fund that grabbed everything on offer the other week at 40-41 cents. I'm expecting a substantial holder notice soon.

    It looks like it's headed back above 50 cents again in the near future. A pity, because I hadn't finished picking up sub 40 cents shares when this happened, on news of the re-domicile to the USA.

    I tell you what would also put the cat amongst the pigeons, was if it announced in the coming month that it had also pegged some clay based deposits in Nevada.

    Things continue to look good for this company since the Tesla deal, and now the Biden win, and uptick in Lithium prices and EV sales. I hear on the ABC today that Elon Musk is now the world's richest man. It's good that Piedmont will be selling Lithium to him.

    Gw
 
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