Wow, great analysis. It'd be notable, if all these so called new mines come on as expected, produce the qualities/concentration they claim to be able to produce, and finally if supply was stagnant.
In actual fact:
1. there is not a single mine that has come online without any sort of delays. From permits, machinery acquisitions, to mining, and to refining. Every single step in the development of a mine has its own obstacles. These end up being compounded to delays of 6-24 months.
2. How many mines have claimed a certain purity whether it be spod or brines, only to fail or achieve much lower purities on a mass scale. Even PLS had to trial and modify its processes multiple times until it was able to achieve a good enough grade.
3. Supply. I won't even bother touching on this.
Wow, great analysis. It'd be notable, if all these so...
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Last
$4.17 |
Change
-0.020(0.48%) |
Mkt cap ! $12.55B | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.23 | $4.13 | $71.64M | 17.18M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$4.15 |
Change
-0.020 ( 1.27 %) |
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| Open | High | Low | Volume | ||
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| Last updated 15.59pm 07/05/2024 ? | |||||
| PLS (ASX) Chart |