dsf1 said:
Not so quick with the 30%. There are some conditions that PLS will see filled first. The plant up to 90% of nameplate being the main one and the conversion facility being certified by a Tier 1 battery producer. Just incase the plant doesn't perform to specs, PLS's risk is reduced. They have 18 months after reaching 90% to increase its interest to 30%. Bit more to it but, no, IMO, PLS won't be announcing an increase to 30% for a while yet. Ramp up will take all of 2024 at least.
Thank you for your contribution dfs1, I appreciate it very much!
However, I think Posco is more than motivated to exceed the set time targets by far. Don't you think Posco is going all out to present a remarkably early result? I'm just speculating of course, but if I were Posco, I'd have been tinkering behind closed doors on a small scale for at least 1-2 years to come up with a respectable result. 90% Posco will certainly not be able to achieve for a long time, but we will see what the future brings!
I also think that PLS will not take 18 months to make a decision. The decision will fall from my point of view quickly. Time is money!
The demand for lithium hydroxide is huge, even if it is presented differently. I for my part look at the coming developments with relish. Hopefully you are not right, not because I do not concede it to you, no, I just hope the share price of PLS develops more rapidly than so far into the range it deserves, namely double digits.
All the best to you and thank you for your outstanding contributions!
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dsf1 said: Not so quick with the 30%. There are some conditions...
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