PLS has debt, but net cash balance. If spot price remains at this level then miners will go bankrupt, including PLS. I doubt that will happen to PLS, but most companies can still survive and keep mining. It could be a year till Liontown runs out if cash and shuts down - even then they could be bought out and keep mining. Meanwhile every non-western lithium mine will keep mining and expanding. Time will tell, but I doubt anything will change anytime soon.
PLS Price at posting:
$1.34 Sentiment: None Disclosure: Not Held
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)