Mate it will be till 2024 before any of the geothermal lithium gets on the market. Who's gonna be supplying them until then?
Also the geothermal CAPEX is really high but projected OPEX for VUL is low. by then with all the old converters and mines i reckon there's going to be a price war by 2025-2026. Many lithium projects are projected to go online by 2023-2025 what does that tell you?
EU Subsidies are not going to last that long i reckon up to 2022 max i guess just to get the Green Energy Sector started.
To be fair i did make a few bags in VUL and i know the risk. But i know for sure when Lithium demands sky rockets this year and next. ALL Producers are going to make a hell lot of money and expand. PLS is one of them who will benefit from this bull run. Brines would be laughing too but they better pray there's enough sunlight to hasten the evaporation of their ponds and also hope there is sufficient water for them to use.
PLS would be able to scale up in the shortest time to go to Stage 2. I reckon if they started construction middle of 2021 they would probably be selling by mid 2022.
AIMO. DYOR. GLTAH.
Spodumene Prices, page-73
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Last
$4.06 |
Change
-0.010(0.25%) |
Mkt cap ! $12.21B | |||
| Open | High | Low | Value | Volume |
| $4.06 | $4.07 | $3.96 | $64.36M | 15.96M |
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| No. | Vol. | Price($) |
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| 2 | 1404 | $4.05 |
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| Price($) | Vol. | No. |
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| $4.06 | 3400 | 1 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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$4.05 |
Change
-0.010 ( 0.64 %) |
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| Open | High | Low | Volume | ||
| $4.05 | $4.07 | $3.96 | 4355959 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
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