Look up PLL on the asx.com.au and it shows a market cap of 1.1 billion tonight.
Piedmont is dual listed on NASDAQ and asx.
100 asx PLL CDC's = 1 NASDAQ share.
I'm guessing your broker is only showing the value of the asx listed equities.
The asx price tends to follow the NASDAQ overnight price.
Piedmont raised from memory about $450 million US at 70c USD about 18 months ago. It then raised more at about 65c USD.
Given NAL will produce SC6 in the first half of 2023 and Keith expects North Carolina mine approval anywhere from next week to June with work commencing on site in North Carolina early in the 2nd half of the year, Piedmont appears to be excellent value in my opinion.
It is my understanding that an upgrade to the North Carolina hydroxide plant is likely with material from either Authier/ Tansim and/or Ghana. Not sure on timing but if we can ramp up to double hydroxide capacity in the next 3 years or so it should add real value.
possible that this information is alluded to on occasion to increase the chance of a mining permit in Gaston County.
I read on the Facebook page set up to oppose the mine where 1 of the 7 commissioners said he would oppose the mine. This was about 18 months ago. The chances of approval have greatly increased in the last 18 months in my opinion.
- Forums
- ASX - By Stock
- PLL
- PLL General Discussion
PLL General Discussion, page-605
-
-
- There are more pages in this discussion • 1,894 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLL (ASX) to my watchlist
|
|||||
Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $60.47M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 14.5¢ | $154.3K | 1.059M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 20596 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 13028 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7 | 0.150 |
2 | 40000 | 0.145 |
13 | 437933 | 0.140 |
9 | 192223 | 0.135 |
24 | 661491 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 2134 | 1 |
0.145 | 1119 | 1 |
0.150 | 7136 | 3 |
0.155 | 256290 | 5 |
0.160 | 350958 | 9 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
Featured News
PLL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online