Unfortunately PLL is only being priced as a NAL producing asset right now and any fluctuations in Lithium pricing will affect this accordingly. Until they get funding for Tennessee, zoning changes and approval by Gaston for North Carolina asset and construction in for the mine in Ghana the price will most likely stay low. Tennessee construction is priced at around US$800 million and 1-2B for Carolina. If they get funding it should ramp the price up significantly. Lithium has also been spooked by Trump's intent to reverse all EV mandates by the Biden administration. But knowing Trump, it's most likely just noise..... This stock remains a long term play for me.
My guess is if the N/C asset gets full approval and Tennessee gets funding I would say this stock should be valued over A$1.50-2+. When that is...is anyone's guess. Until then we are most likely at a guess, to stay at current levels so A$0.20+/- without news, permits and funding over the next 6 months....
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)