Piedmont Lithium Inc (PLL)

[TradingCharts]

Keith Phillips, President and CEO, Piedmont Lithium
Jun 12, 2021

[swanlinbar]

Piedmont will fund approximately C$23.5mm, representing its 25% stake in
Sayona(DMNXF) Québec

[Fingers xed]

Hi from Australia conix if you think PLL is a hot Lithium stock have a little research into European Metals holdings USA tickers EMHLF and ERPNF .
https://www.europeanmet.com/
Fourth largest hard rock deposit in the world , 7 million tonnes of the stuff in the heart of Europe .

[Fingers xed]

Shares Price Market Cap
Galaxy 504,063,884 $3.83 $1,930,564,676

Piedmont1,390,704,858 $0.89 $1,237,727,324

Vulcan 102,974,381 $7.55 $777,456,577

EMHLF 174,581,485 $1.40 $244,414,079

AVZ 2,884,165,175 $0.190 $547,991,383

[conix]

'All in' on lithium for EVs, Evercore ISI says in upgrades for Albemarle, Livent

Apr. 19, 2021 By: Carl Surran

Albemarle (ALB +3.1%) and Livent (LTHM +5.8%) power higher as Evercore ISI's Stephen Richardson upgrades both stocks to Outperform from In-Line with respective $200 and $20 stock price targets, saying he is going "all in" on the two lithium producers.

"The movement of spot indices above indicative contract prices is a key catalyst for the stocks," Richardson writes, adding that "the driver here remains [electric vehicle] penetration as the stocks have generally followed EV sales trends."

Albemarle is "the 800 lb. gorilla in the lithium market," and has capacity coming on at the right time, with plans for capacity expansion that could add 300K metric tons to its production, or triple its current capabilities, Richardson says, adding that the company "now has a clear line of sight to take advantage of increasing lithium prices and a tightening demand outlook."

Livent shares have shed ~30% from their 52-week high partly because of COVID-19 surges in Argentina, where the company has a salt-brine evaporation operation, but the analyst says resource expansion in the country is "a clear priority... We ultimately assume expansion of Hombre Meurto," the Argentine salt flat where Livent extracts lithium.
Richardson also rates shares of Piedmont Lithium (PLL -1.1%) as a Buy with a $75 price target.

Shares also may be reacting to the earlier news that Orocobre bought Australian lithium mining peer Galaxy Resources in a A$4B deal that will create the world's fifth largest global lithium chemicals company.

[conix]

TSLA contract is significant to this story

[conix]

Australian mining company Piedmont Lithium ADR (NASDAQ: PLL) has been on a tear since it announced a deal with Tesla Inc (NASDAQ: TSLA) last September. Piedmont signed a five-year agreement to supply Tesla with one-third of its planned 160,000-tonnes-per-year spodumene concentrate, a type of lithium ore, from its deposits in North Carolina.

Since the announcement, shares of Piedmont have soared more than 430%.

This past November, Piedmont announced an expansion of its drilling operations, adding three new drill rigs in North Carolina.

CEO Keith Phillips said in a press release that the North Carolina investment positions the company to be a part of "North America's clean energy storage and EV revolution."

[0001-stocks]

$57 a share in a company with no revenue

[conix]

Short interest has gone up.

Hmmmm....

[conix]

PLL Chart is something to behold.

[TradingCharts]

Nice steady climb for the last month.

[conix]

Life changing profits here.

[conix]

Chart on PLL is looking great

[conix]

Good call on PLL. All the lithium companies have done well in the past 6 months.

[Lithium Bug 123]

Today Was A Huge Day For PLL, major major signal today @4am. I thought we were headed down to $19 today, but instead the Lithium gods came out today. Most people didn't notice that on pre-market this morning pll was down -6.50% @ 4am, and closed a strong +2.48% for the day. Thats almost a 9% comeback no-one is talking about. This stock is about to make a strong move up. Could easily start trading between $35-45 in the next few days, and these numbers are conservative. I calculate by Tuesday next week. This is not advice, just a gut feeling. Good Luck folks & invest wisely.

[north40000]

QS is the ticker symbol—do a search with “QS + Singh” as the terms. There were CEO interviews on CNBC-TV Friday morning at ~9:30 time, as well as Yahoo finance.

[PickleNick]

QS?

[north40000]

What effect will QS have on this company with its solid state LI battery?

[conix]

PLL Chart

[Tradingforfun1]

Tesla looking to secure lithium. Pll huge deal. Lac amd SPMTF at .049 hitting lithium in Nevada today.

[TradingCharts]

Piedmont Lithium Announces Spodumene Concentrator Pilot Testwork Launched

Pilot testwork will be completed on a 50t sample of ore collected from Piedmont’s Core Property
SGS Canada will complete dense medium and flotation pilot work over the coming weeks
Concentrate produced will be used in internal and third-party lithium hydroxide pilot programs
Results will be used to support definitive feasibility and detailed design engineering

https://investingnews.com/news/australia-investing/piedmont-lithium-announces-spodumene-concentrator-pilot-testwork-launched/

[conix]

Looks like PLL is building a much higher base

[Upset Wookie]

Everytime I invest in a non US company I get roasted.

[conix]

Momentum traders have obviously moved on.

Now it is up to the company and its news flow.

JMO

[BuckeyeStocks]

Nice article: https://cleantechnica.com/2020/10/24/teslas-piedmont-lithium-deal-stimulates-more-investment/amp/

[conix]

There is a rule of thumb that it is not alarming if a huge move in a stock is followed by a 50% retrace before moving back up. So many momentum traders have come in and now exiting for excitment elsewhere.

I got back in after selling into that pop. But I have been in PLL for quite awhile and was very happy with a 400% gain.

[legotech]

Brutal day today.

[conix]

After such a huge move, a consolidation is to be expected.

Finding stocks like this BEFORE the move has been very rewarding.

[Upset Wookie]

Chart looks reset to me. Might be a good entry point.

[conix]

Lithium demand to double in next 4 years

https://www.miningweekly.com/article/lithium-demand-seen-doubling-in-next-four-years-2020-10-07/rep_id:3650

[nowwhat2]

Thanks - Will try to (just not right now)

he-he

[TradingCharts]

I bet you are the only one that read it.

https://www.benchmarkminerals.com/membership/exclusive-tesla-becomes-first-automaker-to-enter-lithium-supply-chain-reshapes-foundations-of-china-dominated-spodumene-2/

[conix]

PLL has quickly developed a new audience of investors.

[TradingCharts]

PLL "WILL" be buying other mines and property. Watch the video very informative

[TradingCharts]

Piedmont Lithium on Sales Agreement with Tesla and What Needs to Happen to Hit Delivery Dates

[ClayTrader]

* * $PLL Video Chart 10-06-2020 * *

Link to Video - click here to watch the technical chart video

[crudeoil24]

I missed this lithium powerhouse, Nice upside here. I will have to research

[TheFinalCD]

PLL TRAIN

[ClayTrader]

* * $PLL Video Chart 10-05-2020 * *

Link to Video - click here to watch the technical chart video

[ed2000]

https://www.forbes.com/sites/jeffmcmahon/2020/10/05/how-california-wildfires-are-driving-energy-storage-beyond-lithium-ion/#76d0836b4954

[Oger]

Simply incredible info.

[brokebank]

https://www.sec.gov/Archives/edgar/data/1728205/000172820520000030/ex99_1.htm

[brokebank]

https://www.sec.gov/Archives/edgar/data/1728205/000172820520000033/ex99_1.htm

[ed2000]

Just know what you own. PLL is sitting on 1.6 billion a year for 5 years. This mine has the potential for 8 billion dollars. If you think a 200 or 300 million market cap represents a company sitting on a $8 billion dollar mine, then I have no words....

[KIRBY]

Thank you !






PLL

[Foxbat426]

PLL Just had two great news releases!! Tesla and a buy rating to 41!! This will
Spike back up big time back into the 40’s. This is a normal
Correction after a huge run-up!

[KIRBY]

Thank you .I agree will dribble down / did . thinking longer term with PLL. Just needs good news and with low float we are off to the races imo . g/l and take care.

[ClayTrader]

* * $PLL Video Chart 09-29-2020 * *

Link to Video - click here to watch the technical chart video

[nowwhat2]

Nice find....Boy !


nowwhat ?

[conix]

Good luck on the new position.

Do not be surprised if the price dribbles down as the momentum players leave for the next hot thing.

PLL will have another run on more news and clarity on the TSLA deal.

JMO