PLS 0.00% $2.36 pilbara minerals limited

Dial in details 25.1.19 Quarterly, page-61

  1. 2,851 Posts.
    lightbulb Created with Sketch. 1312
    My wording wasn't great.
    What I was trying to say is that I suspect quite a few shareholders will be expecting to see a huge profit margin per ton plus a substantial positive cashflow for the quarter.

    The reality is that production is still being ramped and it will take several months to achieve maximum stage 1 production levels.
    This means that initial costs per ton will be much higher at the start due to the bulk of the costs being fixed but will come down I suspect quite substantially when the operation becomes more efficient.
    So shareholders expecting low initial costs need guidance from Ken as to why the early costs are high.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.36
Change
0.000(0.00%)
Mkt cap ! $7.106B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
18 195434 $2.59
 

Sellers (Offers)

Price($) Vol. No.
$2.13 631 1
View Market Depth
Last trade - 10.02am 11/09/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.