I'm a holder and would love EBITDA $315m, but you need to be realistic about what the spodumene price is going to be next year when we start producing.
I'd be happy if they can get $600/tonne and hold that for an extended period of time. there is so much supply coming online that is going to push down the price. there is also potential supply that could come onboard from existing mines producing more. If the price somehow stayed at $900 those mines will definitely be investing in production capacity boosts (they probably are now).
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Last
$1.53 |
Change
0.155(11.3%) |
Mkt cap ! $4.907B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.56 | $1.45 | $142.1M | 94.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49831 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 112284 | 14 |
View Market Depth
| Last trade - 16.17pm 03/07/2025 (20 minute delay) ? |
| PLS (ASX) Chart |