PLL:NASDAQ; PLL:ASX

Piedmont Lithium Ltd.

NASDAQ/ASX-listed Piedmont Lithium is a specialty chemical company developing Spodumene and Lithium Hydroxide facilities in North Carolina that will provide a low capex/low opex, high IRR/NPV sustainable U.S.-based source of the fastest growing lithium battery critical mineral and new energy fuel.
PLL:NASDAQ PLL:ASX

Expert Comments:

The new acquisitions are in line with this firm's strategy to consolidate the region.
read more >
Brien Lundin, Gold Newsletter (Jefferson Financial) (12/5/18)
"I've found a standout in Piedmont Lithium Ltd. . .according to a recent preliminary economic assessment the company produced on its lithium project, it offers a low cost supply of spodumene. Its $193/t net cash costs put it at the low end of the cost curve for the world's lithium concentrate projects."

Reg Spencer, Canaccord Genuity (11/1/18)
"[We] initiated coverage on Piedmont Lithium Ltd. with a Speculative Buy rating and an AU$0.30 target. [This is an] emerging integrated hard rock lithium oxide project, strategically located in the USA."

As lithium is declared a "critical metal" in the U.S., a young, NASDAQ-listed company is forging ahead to bring a lithium deposit into production in North Carolina.
read more >
This company released initial assays from its new properties.
read more >
Joe Reagor, ROTH Capital Partners (10/18/18)
"On Oct. 17, 2018, Piedmont Lithium Ltd. released the results of an initial 3-hole drill program at its Central property; the highlight of the results was hole 18-CT-001, which intersected 34m averaging 1.04% lithium oxide. We view this as encouraging as it is a long continuous intercept of high-grade lithium, while the company's flagship Core property did not have continuous intervals of this magnitude."

David Talbot, Eight Capital (10/18/18)
"After visits to Piedmont Lithium Ltd.'s Piedmont project in North Carolina, we believe this early-stage lithium developer is in a unique position to leverage its position as a first mover in restarting lithium production within the Carolina Tin-Spodumene belt, a historic lithium camp. . .in short order, multiple drill programs have supported an initial resource estimate, preliminary metallurgical test work, a scoping study and a subsequent update that considered byproduct potential."

Joe Reagor, ROTH Capital Partners (9/14/18)
"On Sept. 12, 2018, Piedmont Lithium Ltd. announced the results of an updated scoping study that included its recent byproduct study. As a result of the byproducts being included, the net present value of the project improved by $111M. . .we are increasing our price target from $33 to $34."

Mark Fichera, Foster Stockbroking (8/23/18)
"Piedmont Lithium Ltd. released a scoping study for its Piedmont project based on 170 Ktpa steady-state production of spodumene and chemical plant producing 22.7 Ktpa lithium hydroxide. . .the scoping study derived an after-tax NPV8 of $777M for the integrated plant and mine. . .we maintain our Speculative Buy on the company and increase our 12-month price target to $0.34/share (previously $0.32)."

More Expert Comments

Experts Following This Company

Mark Fichera, Analyst – Foster Stockbroking
Howard Klein – RK Equity Advisors LLC
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Joe Reagor, Analyst – ROTH Capital Partners
Reg Spencer, Analyst – Canaccord Genuity
David Talbot, Vice President, Senior Analyst – Eight Capital

The information provided above is from analysts, newsletters, the company and other contributors.

Piedmont Lithium Ltd. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
 
Strategic USA Lithium critical mineral
 
Only 100% USA Project. 100% owned.
 
1st quartile cash cost 46% IRR - $900m MPV
catalyst Calendar
Q4
2018
Profitability Study
Q4
2018
Off take partners
Q1
2019
Land adquisitions
Q2
2019
Exploration Growth of resource
Q3
2019
Definite feasability