I´ll bite....
PLL plans to produce 22.000t of LiOH per annum
Let us be generous and double today's top market prices´for LiOH. So PLL would sell 22.000t at 25.000 USD. That makes 550m USD revenue.
You want a USD 10 share price (equivalent to a 15b market cap) That would mean that PLL at a favorable point (high market prices for LiOH) would have to be valued at 30x (means 30 years) revenue. In specialty chemicals not a very usual multiple.....
So USD 10 in 2025 seems just dreaming. I wouldn´t mind to be wrong though
PLL to be reach $ 1 in 6-12 months, page-180
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