Hi Folks
In my modelling in yesterdays post for my estimate of the March quarterly results, I got some things correct but seriously missed other factors.
Results just released
* Shipped 5.3% spod results were 165k DMT within my range of 150-170K DMT.
* Seriously over estimated the $US price for 5.3% spod. My estimate was $US1,030 - 1130. The result was $US804. That's a 27% reduction on the price achieved in the Dec 2023 quarterly. Smashed again.
* As a consequence my estimate of $AUD revenue $AUD225-275m was too high with the result being $AUD192m.
My revised revenue estimate for the FY 2023/24 is down from $AUD 1.4B to $AUD 1.1B. So heading towards almost 1/4th of the 2022/23 $AUD 4.1B revenue.
So the Lithium spod prices have gone through a full bubble cycle. June Qtr 2021 $US 825 , Dec Qtr 2022 $US 5,668, Mar Qtr 2024 $US 804.
Prices from PLS quarterlies, not from dodgy Chinese sources.
Food for thought.
cheers Lies
Hi FolksIn my modelling in yesterdays post for my estimate of...
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.75 |
Change
-0.070(1.83%) |
Mkt cap ! $11.28B | |||
| Open | High | Low | Value | Volume |
| $3.81 | $3.83 | $3.75 | $60.11M | 15.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 313433 | $3.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.76 | 405 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.76 |
Change
-0.070 ( 1.83 %) |
||||
| Open | High | Low | Volume | ||
| $3.81 | $3.83 | $3.75 | 3773943 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| PLS (ASX) Chart |