Yep, realised that after re-reading. Reading quickly pre coffee should be avoided.
GXY at 70c was $1.3bn MC or something like that though. Either it was way overvalued on Mt Cattlin operation at the time and that slowly came to the fore, or they were attributed way more speculative value for SDV and JB back then.
Given PLS is set to produce about twice the volume of Mt Cattlin from stage 1 then there is obvious room for movement here, with stage 2 set to increase our output nearly as much as they generate from JB + SDV at a fraction of the capex again we have plenty of upside as GXY holders will claim they do.
ASX market has a disconnect from global lithium fundamentals. This could potentially be explained by the backwards nature of our population. Not enough people are taking this seriously. Hopefully this will reward the patient and those with some ability to look forward, no matter what their choice of company.
Yep, realised that after re-reading. Reading quickly pre coffee...
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Last
$2.91 |
Change
0.020(0.69%) |
Mkt cap ! $8.819B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $3.03 | $2.84 | $53.94M | 18.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 117937 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 158620 | 35 |
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| Last trade - 10.52am 24/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |