Your numbers look pretty much similar to what I have. Some thoughts:
- Stage 2 should be up and running in Q3 CY20 (13 - 16 months)
- At that point the POSCO plant is due to produce early 2021 (a further 6 months)
- At a conservative 10x PE, you have potentially ~100% upside in just over a year, and with the JV ~200% or more within ~18 months
- There is precedent for PE to be in the 15-20x range depending on numerous factors such as general Li sentiment, Li price, the downstream profitability etc etc.
In the world of multibaggers 100% increase per year might not seem very sexy, but I for one would be happy to double the value of my portfolio year on year so I will be here until at least 2021!
What's PLS worth?, page-5
-
- There are more pages in this discussion • 190 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
$3.06 |
Change
0.130(4.44%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.08 | $2.97 | $97.95M | 32.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1001330 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 169324 | 17 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |