Even with the macro environment being a bit shaky with inflation...

Even with the macro environment being a bit shaky with inflation and interest rate rise expectations - PLS is in the box seat to be a value play for sheepish investors in the short team with:

• 500,000tpa run rate going to be achieved very in <6 months (that's $2B annualized profit before tax).
• SC6% prices stabilizing @ $5,000-$6,000 but still more likely to go up to $7,000 than down.
• Both weekly and monthly chart Stoch RSI's showing PLS is in oversold territory, but ready to shift momentum.
• Fib 2.618 and 3.618 levels ($6.00 - $7.50 SP) indicating approx. "fair" value for upcoming 500,00 tpa output in current pricing conditions.

I say "fair" value with a smirk - the market is fundamentally undervaluing the velocity of PLS growth over the next 18 months with:

• 1,000,000tpa capacity looming,
• PLS * POSCO JV - @30% interest on the current demand curve, that's a $500M pa profit as a cherry on top
• Calix with $20M funding just landing in our laps - that usually happens when you've got a really good thing going.
• Additional exploration with potential M&A activity over the next 5 years
• New CEO - who will be strategically picked for their experience in future facing commodities (other than lithium maybe ).

Thats just my perspective - and it feels conservative IMO

Cheers - Woly