anybody interested in an historical analysis of PLS?last time we...

anybody interested in an historical analysis of PLS?
last time we had a spod price around US$660 was in April 2019.
It was in this year that PLS did it's first shipment and then the spod price dropped to around $400 due in part to COVID in 2020.

production was then was about 175kt


and the share price was about 44c - 49c




5 years down the track to today and the spod price is still about $660 (ie sp 5.3%)
and instead of going into COVID we are are headed for a recession.
But the big difference is that we are producing a lot more. where we were producing 175 kt we are now producing 820 kt ie 4.7x (820/175 = 4.7) what was produced in 2019.
so the share price should therefore be 4.7x larger
ie $2.30
($0.49 x 4.7 = $2,30)
And another big difference, we have is a lot more cash than what we had back then.
In 2019 we had $63m in cash and we now have about $1,600m in cash
so about $0.03 per share in 2019 vs $0.53 today
therefore less chance of dilution due to capital raising and more capacity to grow the business.
so maybe we are actually worth a bit more than $2.30.
I estimate 50c more say about $2.80, minimum