Look at PLS website, go to latest Blue Ocean Equity broker report under Research Reports on front page then use that as a basis. Plug in your estimate of the price PLS will get for 6% concentrate. Remember PLS pricing of concentrate is a formula based on Chinese Lithium Carbonate pricing, adjusted every six months IIRC, which we may be able to compute when we have some financials after shipping. Some say $1,000 USD a tonne which other producers have been signing deals on, even at $900 USD PLS will be quite profitable, more profitable than DFS as prices then were lower and the DFS was conservative.
PLS Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
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