PLS have a real option of rolling back the high 6.256% Li % to 6% and ramping up the volumes, either way I'm sure they will adjust it's % - vol, for max return given their offtake contract details. (might hit my volume target, but suspect contracts could favor quality over volume with premiums for higher %).
Futuretech, I believe that 6% is sufficient, in that batteries are now commoditized and the battery makers will want to ensure their product volume is maintained at a specific standard, so may not be willing to pay for the extra 0.256%, particularly if it is not required. I would focus on 6% with low impurities fetching the upper market prices, as opposed to penalties for high impurities. Just my opinion, DYOR
PLS Price at posting:
79.8¢ Sentiment: Hold Disclosure: Held
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