PLS 0.81% $2.50 pilbara minerals limited

Some news released today by Calix … they’ve created a separate...

  1. 2,678 Posts.
    lightbulb Created with Sketch. 698
    Some news released today by Calix … they’ve created a separate entity for their carbon capture Cement/Lime business. Not really a “spin out” as they’ve kept 93% of the share + 30% of the royalties… but, this values the LEILAC business at around $500M (being $350M for a business that only gets 70% of the royalties). IMO that “spin out” will likely make unicorn status (US$1B) at the next round of investment.

    So … what about the PLS/CXL JV? Will this go down a similar farm in for lithium industry players? Possibly creating value for PLS before the full scale plant is even built? And if so, what will the JV be worth as/when players farm in?

watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Mkt cap ! $7.437B
Open High Low Value Volume
$2.36 $2.52 $2.28 $139.4M 56.46M

Buyers (Bids)

No. Vol. Price($)
6 354173 $2.48

Sellers (Offers)

Price($) Vol. No.
$2.50 3212133 10
View Market Depth
Last trade - 16.10pm 29/11/2021 (20 minute delay) ?
0.020 ( 0.63 %)
Open High Low Volume
$2.36 $2.52 $2.28 6539629
Last updated 16.00pm 29/11/2021 (live) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.