The bigger issue at play is that if a big Lithium fish is willing to pay double the current market valuation for a Aust hard rock mine, taking into account that they wont have a majority stake, don't get the iron ore or tantalum and need to fund their share of further integration etc, what does that say about the oversupply rubbish. To me it says current lithium prices are low and they will increase due to UNDER supply. PLS is about the same size mine(MIN 700mt spod PLS 800mt+ soon) and this means our share price should be more than double now, or about $2.00+.......IMO
Wodgina just sold 50% for $1.6bA, page-26
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Last
$2.91 |
Change
-0.090(3.00%) |
Mkt cap ! $8.763B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.06 | $2.90 | $43.68M | 14.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12200 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 3400 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |