At least you agree that lithium is white hot...
FMG market cap currently is 9.016Billion.
go back 9 years and Andrew was in court with BHP to get the rights to access in the railway infrastructure.
Already posted on the advantage position PLS has regarding the existing Pilbara rail .
Fortescue at the time was close to a Billion dollars in market cap without any mining or major JV signed.
The iron ore boom occurred ,lasted close to 10 years, Chinese investment with FMG occurred..
WHY.?
Security of long term supply due to the quality and size of resource.
PLS is at the same stage and offers long term security of supply to potential JVs.
OFF the charts ?,nowhere near it.
2020 green energy funds will supply capital to developing countries to reduce carbon emissions.
This will definitely further increase demand for lithium .
100 billion dollars per year from 2020 to reduce carbon emissions provided by the developed nations .
World wide collaboration agreement in place.
ALL IMO please do own research.
NPV vs Increasing Market Cap, page-11
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