Piedmont Lithium Inc (PLL) Quote

Assets alone are worth North of 4 billion, plus Tesla supplier. They have a 500 million dollars ATM shelf, most probably going to run it up again, betting that ATM is for the manufactory in N. Carolina that they got the permit for. Easy peasy, 25-30 dollars within two weeks.

Looks like the bottom has been put in with the latest news.

Year to date chart

Piedmont Lithium Receives Mining Permit Approval for Carolina Lithium

Mr. Keith Phillips reports:

BELMONT, N.C. / Apr 15, 2024 / Business Wire / Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that the North Carolina Department of Environmental Quality’s (“NCDEQ”) Division of Energy, Mineral, and Land Resources (“DEMLR”) has issued an approval of our mining permit for the construction, operation, and reclamation of the proposed Carolina Lithium project (the “Project”) in Gaston County, North Carolina. DEMLR provided the permit approval following a thorough review of the application submitted by Piedmont on August 30, 2021. The mining permit is subject to conditions both customary and specific to our type of project.

“This is an exciting day for all of us at Piedmont Lithium. I would like to thank the leadership and staff at NCDEQ and DEMLR for their diligence in the process, as well as the members of our team who worked rigorously for more than two and a half years to ensure that every aspect of the Project met the state’s high standards for approval,” said Piedmont Lithium President and CEO Keith Phillips. “We plan to develop Carolina Lithium as one of the lowest-cost, most sustainable lithium hydroxide operations in the world, and as a critical part of the American electric vehicle supply chain. The Project is expected to contribute billions of dollars of economic output and several hundred jobs to Gaston County and North Carolina’s growing electrification economy.

“Carolina Lithium is a highly strategic project,” continued Mr. Phillips. “Located within both the renowned Carolina Tin-Spodumene Belt and the U.S. Battery Belt, the Project is being designed as a fully integrated mining, spodumene concentrate, and lithium hydroxide manufacturing operation. There are currently no such integrated sites operating anywhere in the world, and the economic and environmental advantages of this strategy are compelling.

“Technical studies have demonstrated that Carolina Lithium could be a low-cost producer of spodumene concentrate and lithium hydroxide, benefitting from exceptional infrastructure, minimal transportation distances, low energy costs, a deep local talent pool, and proximity to cathode and battery customers as well as local markets for the monetization of by-product industrial minerals. The Project is further advantaged by the competitive corporate tax regime offered in the United States, the absence of significant royalties, and the benefits inherent in the Inflation Reduction Act of 2022. After-tax returns are what matter, and we are not aware of any jurisdiction that better combines the benefits of significant spodumene resources, deep customer markets, and low royalty and income tax rates.

“The North Carolina mining permit approval is the precursor for the county rezoning process, and we look forward to continued engagement with the local community and the Gaston County Board of Commissioners. Construction would commence following receipt of all required permits, rezoning approvals, and project financing activities. We have had extensive and ongoing dialogue with possible funding sources for Carolina Lithium, including the U.S. Department of Energy’s Loan Programs Office and strategic parties who could provide some combination of capital, offtake, and technical support,” said Mr. Phillips. “We have been encouraged by those discussions and will endeavor to put in place a strong funding plan that will maximize value for Piedmont shareholders.”

About Piedmont Lithium

Piedmont Lithium Inc. (Nasdaq: PLL; ASX: PLL) is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest. Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11). We believe these geographically diversified operations helps us to play a pivotal role in supporting America’s move toward energy independence and the electrification of transportation and energy storage. For more information, follow us on Twitter @PiedmontLithium and visit www.piedmontlithium.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of or as described in securities legislation in the United States and Australia, including statements regarding exploration, development construction, production, and ramp up activities or the timing of these activities, of Sayona Mining, Atlantic Lithium and Piedmont, including regarding operating cost improvements, regulatory approvals or permits or the timing thereof, project spend, timing of completion of capital projects and the effects of such projects, timing of planned deliveries and ability to improve productivity; current plans for Piedmont’s mineral and chemical processing projects; Piedmont’s potential acquisition of an ownership interest in Ewoyaa, including financing options, the timing of final investment decisions and project spend; strategy; market cycles; lithium prices; equity values; costs of new project developments; lithium shortages; lithium market recovery; certain Company approvals, permitting, partnering and debt funding discussions; a recently completed workforce reduction; expense management and possible or assumed future financial results or financial condition. Such forward-looking statements involve substantial and known and unknown risks, uncertainties, and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be materially different from the future timing of events, results, performance, or achievements expressed or implied by the forward-looking statements. Such risk factors include, among others: (i) that Piedmont, Sayona Mining or Atlantic Lithium may be unable to commercially extract mineral deposits, (ii) that Piedmont’s, Sayona Mining’s or Atlantic Lithium’s properties may not contain expected reserves, (iii) risks and hazards inherent in the mining business (including risks inherent in exploring, developing, constructing and operating mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), (iv) uncertainty about Piedmont’s ability to obtain required capital to execute its business plan, (v) Piedmont’s ability to hire and retain required personnel, (vi) changes in the market prices of lithium and lithium products, (vii) changes in technology or the development of substitute products, (viii) the uncertainties inherent in exploratory, developmental and production activities, including risks relating to permitting, zoning and regulatory delays related to our projects as well as the projects of our partners in Quebec and Ghana, (ix) uncertainties inherent in the estimation of lithium resources, (x) risks related to competition, (xi) risks related to the information, data and projections related to Sayona Mining or Atlantic Lithium, (xii) occurrences and outcomes of claims, litigation and regulatory actions, investigations and proceedings, (xiii) risks regarding our ability to achieve profitability, enter into and deliver product under supply agreements on favorable terms, our ability to obtain sufficient financing to develop and construct our projects, our ability to comply with governmental regulations and our ability to obtain necessary permits, (xiv) our ability to deliver on our expense management efforts and other cost improvements expected upon completion of key capital projects as well as our future cash payments associated with these initiatives and potential future impairment charges and (xv) other uncertainties and risk factors set out in filings made from time to time with the U.S. Securities and Exchange Commission (“SEC”) and the Australian Securities Exchange, including Piedmont’s most recent filings with the SEC. The forward-looking statements, projections and estimates are given only as of the date of this press release and actual events, results, performance, and achievements could vary significantly from the forward-looking statements, projections and estimates presented in this press release. Readers are cautioned not to put undue reliance on forward-looking statements. Piedmont disclaims any intent or obligation to update publicly such forward-looking statements, projections, and estimates, whether as a result of new information, future events or otherwise. Additionally, Piedmont, except as required by applicable law, undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Piedmont, its financial or operating results or its securities.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2224-nasdaq/pll/159046-piedmont-lithium-receives-mining-permit-approval-for-carolina-lithium.html?utm_source=newsletter_1854&utm_medium=email&utm_campaign=junior-mining-brief-for-date-l-b-j-y

PLL No 2 on the Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?orderBy=percentChange&orderDir=desc

Awesome move today. Looks like short term 30 dollars.

PLL new 52=week low

There will be a time when CEO Keith Phillips must come to terms with and inform his investors that the "sweet deal" with Sayona for cheap spodumene offtake is NOT life of mine and will cease when downstream processing begins in 2026. Per Quebec government, this is a requirement. When KP says LOM, LOM=2026. See you in 2026. Sayona Long!

Unfortunate timing for PLL. The company becomes profitable just as the price of lithium is falling. So their profits will fall short for a few quarters. There will be a time, when lithium prices climb, to start buying this stock again.

One of my worst investments…….ever. I don’t understand why the promise of future earnings has not had a positive influence on SP. I’m holding on for a while. Estimated earnings for the next four quarters is $6.84. A PE of 20 calculates to a price of $136.

Investors are betting against this lithium producer. PPS has been falling since February despite evidence that the company will become profitable this quarter. Earnings to be announced on Nov 6 with estimate of $1.74/share and subsequent quarters of $3.94, $5.58, and $5.70. Short interest is around 14%. Looks like the right time to buy shares, calls. I might be wrong but we will see!

Earnings to be announced Nov. 6 with expected EPS of $2.22 for the 3rd Qtr. Total earnings for the next 4 quarters expected to be around $19! If these numbers hold up Piedmont cannot be a $35 stock. Buy now and hold on for big gains!

This should be the day for PLL to rebound. I’m watching but maybe no one else is. It’s okay, I’m used to talking to myself.

Expected revenue in next four quarters and EPS of $13. Price target of $184 from RothMKM. The stock continues falling. Am I missing something. It looks like time to buy shares and calls ahead of next earnings announcement Nov. 17.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172673012 $PLL

https://finance.yahoo.com/video/tesla-created-secret-team-suppress-144722193.html $PLL

Time to look at Piedmont Lithium. Actual revenue expected in 3rd Qtr with big profits. Price target now at $190 with stock at $57. This could be one of the biggest winners of 2023.

Presentation worth watching
TB Amati Strategic Metals Fund 2 year Anniversary Seminar
3 days ago
Neil Herbert, Chairman of Atlantic Lithium on at 36 minutes (video will start there)

Yep, and people do realize, Quebec is not in the UnIted States, right???

This stock will fill the 6.01 gap from 9/8/2020 by June 2, 2023 imo, which is the six month consolidation completion, they are starting 4 million worth of exploration/drilling with Jourdan Resources soon and that takes some time, Jourdan resources also promised investors an initial resource estimate was imminent in 2022…and now says it wont be ready till the PLL investment activities are completed, which is a lie to those investors who were expecting an IRE in 2022. Dealing with a company that lies to its investors without proper explanation or apology for breaking a promise looks bad, the fall of Musk’s ev company also is weighing on the sector; all imo.

Bought my first shares today. Spodumene deal with Sayona, which I also own, is too good to pass.
GLTAH

Not enough interest for EV's as a whole! All of it is a media fabrication at best, no commons ens measures anywhere out there today, and a major mid term election couple weeks away that will rock this nation one way or another...

Funny local Hickory/Gastonia, NC car dealer adds now showing "used EV's for sale" daily on their TV stations...

Piedmont Lithium Inc.
6,869 followers
1h • 1 hour ago


As the The White House shares news today about the booming #EV industry, $PLL is proud to be noted for our “historic private sector investment.”

For our #TennesseeLithium operation, we are investing approximately $600 million in the development of our manufacturing facility, which is designed to produce 30,000 MT per year of much-needed, made-in-America lithium hydroxide. Together with our global portfolio of projects, Tennessee Lithium will play a key role in our efforts to support US #EnergySecurity and deliver critical #lithium resources to the EV supply chain.

https://lnkd.in/etiQKeB5

https://www.linkedin.com/feed/update/urn:li:activity:6975856674918060032/

Piedmont Lithium Inc.
6,562 followers
2h • 2 hours ago

A proud moment for Piedmont Lithium Inc. as we look back on last week’s announcement in Etowah, TN in McMinn County – the site of our new project that will double American #lithium hydroxide production and play a critical role in the #EV future as the largest lithium plant in North America. $PLL

Tennessee Department of Economic and Community Development

https://www.linkedin.com/feed/update/urn:li:activity:6973019028684509184/

Not enough Litihium for EV's

https://finance.yahoo.com/news/lithium-supply-ev-targets-miner-181513161.html

Miner Piedmont unveils plans to build lithium refining plant in push for domestic EV supply chains

https://www.cnbc.com/2022/09/01/miner-piedmont-unveils-plans-for-new-lithium-refining-plant-in-push-for-domestic-ev-supply-chains.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=Twitter#Echobox=1662041015

Biden's Big Money for Battery Metals - Roundtable @Mines & Money 5@5
2,052 views Sep 3, 2022

Screw that when consumers have no money left... MOST have been living a lie and living on credit cards for a long time.... Winter season approaching and Duke Energy here in Carolinas already telling people increases across the Board. In fact, 8% + increases every year from here due to green energy costs upon them...

PLL announced this morning here in Belmont, NC they are going to build their new HQ..

Nice move up.

Lithium plays have been great for traders

Manchin is right and he really wants to keep his job this November. Many West Virginians still very pissed at him...

Lithium shortage to last well into the next decade - Piedmont Lithium's Keith Phillips
472 views Apr 5, 2022

Lithium names plunge as Manchin hits brakes on Biden electric vehicle push

Apr. 05, 2022 Carl Surran, SA News Editor116

Senator Joe Manchin told the LNG Allies' Transatlantic Energy Security Forum IV event on Tuesday that he "will not sign up" for an aggressive electric vehicle push, which apparently sent lithium industry stocks (NYSEARCA:LIT) plunging across the board.

Among potentially relevant tickers: NASDAQ:PLL -10.8%, NYSE:LAC -10.7%, SLI -7.6%, MP -6.5%, LTHM -6.5%, ALB -3.9%, SQM -3.6%.

Manchin raised two objections to President Biden's plan for electric vehicles, according to the Washington Examiner: Proposals have not sufficiently addressed who will get the revenue from the electricity used to charge vehicles with taxpayer-funded charging stations, and U.S. critical mineral supply chains are underdeveloped.

"I will not sign up [to transform] our energy and transportation system around EVs that have to be dependent on foreign supply chains," the Senator said, according to the Examiner.

At the same event, Manchin reportedly expressed frustration over slow gas pipeline approvals and asked the Biden administration to be more "open-minded" in its energy policy response to the war in Ukraine.

Lithium names were rising in recent days following initial reports that President Biden would sign the Defense Production Act to encourage domestic production of minerals needed to make batteries for electric vehicles.

Thank you for the update on meeting and permits.

They own a piece of Sayona, which is about a year from producing. It might explain PLL SP.

This morning public meeting going to go on about restarting some old lithium mine operation around Kings Mountain area of Upstate SC... Still got the debacle going on here in Gaston, NC area for PLL and still no permits or approvals given there, yet stock price is so overhyped it is unbelievable...

Looks bullish even with the cash raising going on.

Can it last?
https://piedmontlithium.com/piedmont-announces-pricing-of-upsized-public-offering-of-common-stock/

Just when you thought it could not get worse, Biden just put Kaybash on every new mining and oil exploration permit going forward, stopping all of them!

Many small operators in oil/gas/mining will be put out of business real fast now.

WHAT Country do we really live in you all must ask yourselves ...???

Ascending wedge. Break to upside soon

Fireside Chat Series with Keith Phillips, President & CEO of Piedmont Lithium on January 27, 2022 at 1 pm EST

https://www.watertowerresearch.com/content/fireside-chat-series-with-keith-phillips-president-ceo-of-piedmont-lithium-on-january-27-2022-at-1-pm-est/teaser?utm_campaign=elts&utm_medium=social&utm_source=social

Piedmont Lithium Issues Economic Impact Study for Carolina Lithium Project

https://finance.yahoo.com/news/piedmont-lithium-issues-economic-impact-210000196.html

Piedmont Lithium Inc.

10m • 10 minutes ago

Excited to release an Economic Impact Study regarding our proposed Carolina Lithium Project in Gaston County, NC. While we hope to have the opportunity to realize this vision and leverage this project to contribute to economic prosperity in Gaston County, we believe it is also representative of the opportunity that the creation of a US-based EV supply chain holds for communities across our country--creating jobs, reenergizing our workforce and manufacturing base, generating tax revenue that can provide valuable services to citizens, supporting education, social and philanthropic programs, and helping America remain competitive globally. Our future looks positively electric. For the full report: https://lnkd.in/daZn9PEw #electricvehicles #cleanenergytransition #esginvesting #carbonneutral #money #innovation #technology #sustainability

https://www.linkedin.com/feed/update/urn:li:activity:6887195898158292992/

$PLL: Tesla just did a Massive-SupplyDEAL with Talon-METALS


MASSIVE



$TLOOF

https://talonmetals.com/wp-content/uploads/2021/05/TLO_Presentation_May_2021.pdf


https://www.otcmarkets.com/stock/TLOFF/security



GO $PLL

Lifshitz Law Firm seems to be a stock ambulance chaser that just makes their money by unsuspecting retail for many stocks, and has been viewed many times as a scam company themselves. Any of the things it throws at the wall and actually sticks for some relatively small settlement that takes long term litigation, the lawyers make the money; retail not so much. Nobody that big money takes seriously or is to effected by it seems. PLL up this morning and up about %100 for the year. If it was more serious, then a more accredited legal firm would be involved and more news worthy I think. PLL might be guilty as hell, who knows, but this firm isn't going to make to big of wave, if any. Definitely not much defense against all the money in this industry right now. Just saying.

Lifshitz Law Firm, P.C. announces that a class action complaint has been filed against Piedmont alleging that Defendants, throughout the Class Period, made false and/or misleading statements and/or failed to disclose that: (1) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (2) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (3) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (4) Piedmont and its lithium business does not have "strong local government support"; and (5) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

If you are a Piedmont investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

Interesting hmmmm...

Piedmont Lithium Releases Bankable Feasibility Study for Carolina Lithium Project

https://www.businesswire.com/news/home/20211214005442/en/Piedmont-Lithium-Releases-Bankable-Feasibility-Study-for-Carolina-Lithium-Project

Thanks for the feedback.

Bank feasibility study out today is pure BS doc. No better than a MOU for a potential upcoming buyout or deal that has not been consummated.

Just double-speak language. means nothing...

My point should have been better expressed.

Specifically, if PLL could release information on when and how they will begin to recognize revenues from lithium sales, this stock would take off. The uncertainty of when and how is an overhang to the progress of the stock price.

My point should have been better expressed.

Specifically, if PLL could release information on when and how they will begin to recognize revenues from lithium sales, this stock would take off. The uncertainty of when and how is an overhang to the progress of the stock price.

PLL specific news is what is going to move the stock


I disagree that only PLL news will move this stock. In today's market, it's all interconnected. That has been true for the market for decades but more and more what happens elsewhere in different industries and companies along with the overall sentiment, beliefs, or hot topics greatly effect a whole range of connected companies stock. These days it's more of what people think or believe without any concrete facts, figures, or fundamentals, following the stock gurus and market pundits who give out their "advice" getting paid from both ends. Sometimes news in one stock can effect others both positive and negative without any company specific news even if nothing has changed fundamentally with the stock effected. These days I've noticed that has gone to the extreme in many cases. Lithium the metal is responsible for way too many to list sectors and different levels. From the basic mining labor to college degrees and training, transportation, processing, to battery tech, metal recycling industry, metallurgy, pharmaceutical, on and on and everything in-between.

The EV hot topic of today has already changed and moved a whole lot of different stocks. Changed institutional, gov, billionaire, and the average Joe/Jane interest (and money) to things of EV or lithium related. Brought eyes, volume and related pps to a whole slew of different things with lithium being a core connection. This will continue and increase as time goes by. I agree that PLL specific news could have some major move with PLL and not to be discounted, but also things out there can have as much as and sometimes even more effect to things in here. Things out there will have great effect on decisions, actions, and direction of PLL and stock holders judgement (the rise or fall of pps) will be made on those things out there. Any specific news of PLL will be based on or originated from something that is happening or happened somewhere else.