By cross referencing the public information provided by PLS MIN KDR TAW and AJM in reference to resource amounts and conversion to LCE (including grades) I calculate as follows:
Wodgina Resource has an LCE equivalent of 7mt. At $3.17bn AUD that values the LCE equivalent resource at $453 per LCE tonne.
Pilgangoora has an equivalent LCR of the same 7mt (226mt at 1.27pc grade). Using this physical live market transaction as a reference point, Pilgangoora is worth $3.175 billion. This calculation IGNORES tantalum value.
PLS current market cap is $1.378 billion. This transaction values PLS at $1.95, ignoring tantalum credits and ignoring the fact this is a 40 year mins which we all know has a lot more Li0 sitting deeper underground than these numbers suggest.
By cross referencing the public information provided by PLS MIN...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |