You both have forgotten / overlooked an important apect - i think. You have a 'frozen' view of what PLS does now, versus what it will be doing in 5 years. Dont be locked in the present.
It will be selling a lot more upstream product - lithia salts calcinated for free, and hydroxide with its partners in Korea (POSCO) as well as more spodumene.
OK, that might not get us to 28 ps, but hey, what pe ratio do the American 'producers' trade at ? I can guess at 20. Who can reliably predict the future? What price did our 'look-a-like' company FMG max out at ? 40 bucks ?
You both have forgotten / overlooked an important apect - i...
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Last
$1.88 |
Change
0.095(5.34%) |
Mkt cap ! $6.033B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.88 | $1.76 | $109.3M | 60.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 29965 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 6666 | 1 |
View Market Depth
| Last trade - 16.18pm 22/07/2025 (20 minute delay) ? |
| PLS (ASX) Chart |