Here's some next level bulls**t... if you follow from left to right it might make sense
I don't know if fibs are meant to tell the future like they have over the last 18 months with the 2.618 level, but if the chart keeps doing the same spooky fib thing:
- The next level is approx. $6.10
- Then there should be a retrace back to approx. $4.00
- So the next level should be approx. $9.15
Sounds dumb to be at ~$10 (~ $30B MC) by 2023 sometime... but Calix/salts development, plus POSCO JV development, plus exploration which will probably find more resource, and finally ramping up to ~1Mt production of $5,000/t - $7,000/t of spod (lets say is approx. $4B - $6B profit after capex) makes it seem completely plausible.
Ken did say "PLS will have its time in the sun" - or maybe he was just talking s**t - I don't know.
Have a good w/e - Woly
PLS chart, page-5436
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Last
$3.01 |
Change
0.070(2.38%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.04 | $2.96 | $40.26M | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 75 | 289359 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 67912 | 29 |
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| Last trade - 14.16pm 11/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |