The market sentiment is still pretty flat now. Investors just do not seem to be interested in Lithium even though the fundamentals for the next few years are quite strong and looking better all the time. EV projections will never be realized if the industry does not invest now in the Li juniors to meet the projected demand by 23/25. This upcoming announcement would have to be bang on - or better - to make the upside tick I would like to see. There are, IMO, really only two realistic and viable Li projects (out of 5) in the US now - INR and PLL. INR had a relatively good announcement on June 11 along with a nice presentation in Santiago on the same date. It immediately saw a 10% uptick but was at pre-announcement levels within a week. (Market sentiment just not there to keep it up) I am hoping for better here and the subsequent announcements over the next several weeks/months to keep this one up. If this PLL resource upgrade can show better than 20 years life, it would be a good start. Unfortunately, with sentiment the way it is, it may not be as good as I hope (keeping my expectations a bit low here so I can be presently surprised). Even if it does not impress investors like it should now, round 2 in July with the revised SS should. Knock out punches this fall.
Guess we will see this week. They always seem to hit their targets and should hit them this week.
- Forums
- ASX - By Stock
- PLL
- Piedmont CEO & COO on podcast
Piedmont CEO & COO on podcast, page-11
Featured News
Add PLL (ASX) to my watchlist
|
|||||
Last
13.0¢ |
Change
0.020(18.2%) |
Mkt cap ! $53.18M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.5¢ | $168.9K | 1.337M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 201571 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 224482 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 201571 | 0.125 |
4 | 120419 | 0.120 |
4 | 31081 | 0.115 |
51 | 1800017 | 0.110 |
18 | 631409 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 224482 | 11 |
0.135 | 192224 | 3 |
0.140 | 256590 | 6 |
0.145 | 85998 | 5 |
0.150 | 17644 | 4 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
PLL (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online