Awesome. Chemicals are going higher and therefore spodumene is going higher too. I wouldn’t be surprised to see SC6 at >USD $8000 pt in a month or 2. The second half of the year is the strongest by far for EV sales and conversion capacity. We may have more money in the bank than we think by the end of the year. ALB just revised their revenue for the year up a billion dollars to what they forecasted a month or 2 ago.
Ken Brinsden on twitter yesterday…
“If the chemicals price goes up, so does the spod price. Any margin available is flowing upstream, because it’s the raw materials that are in short supply, not the conversion capacity. That’s the beauty in Pilbara’s business today.”
and Daniel Jimenez’s response…
”Indeed, for the next 5 years at least, Li margins will stay predominantly upstream with miners.
Speed of project execution is today more valuable than ever.”
This really is a great place to park your money. I’m into my eighth year of holding now. It’s been a bumpy ride and continues to be so… but very rewarding!
Spodumene Prices, page-2606
-
- There are more pages in this discussion • 2,143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.94 |
Change
0.100(3.52%) |
Mkt cap ! $8.852B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.96 | $2.80 | $78.99M | 27.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 82222 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 215192 | 10 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |