The importance of the CATL announcement to me is as a capitulation on the profitability of lepidolite even for a large integrated player.
PLS can keep pumping out Li at high and improving efficiency at the current basement prices and maintain their cash backing for a long time.
This capitulation of a major player in the market is a validation of PLS strategy. They are executing measured and disciplined production with multiple levers for increasing volume and efficiency. (LRS acquisition - Regional diversification and transport nationality, Mid-stream processing to increase product value and reduce waste and transport cost, also licencing option for other miners to use the technology, P1000 and P2000 expansion plans and so on.)
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The importance of the CATL announcement to me is as a...
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Last
$2.67 |
Change
0.310(13.1%) |
Mkt cap ! $8.040B |
Open | High | Low | Value | Volume |
$2.55 | $2.77 | $2.53 | $172.5M | 64.79M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 295865 | $2.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.67 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 295865 | 2.660 |
11 | 285796 | 2.650 |
7 | 195605 | 2.640 |
1 | 5000 | 2.630 |
5 | 167434 | 2.620 |
Price($) | Vol. | No. |
---|---|---|
2.670 | 2000 | 1 |
2.680 | 348102 | 3 |
2.690 | 2112 | 3 |
2.700 | 202804 | 12 |
2.710 | 64522 | 10 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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