Was just briefly watching YourMoney (slow day today) and got a surprise when one of their 'experts' stated:
"Pilbara Minerals has never made a profit. I don't know when in the future it's production is starting to come but it hasn't sold any product yet. If it's coming soon it may still get $600/t, if it comes later it may only get $300-400/t but the price is likely to come down. So unless they have the cheapest to produce lithium or one of the cheapest lithium in the world, they are going to be running at a loss by the time their production actually comes online"
Then follows that up with " I don't know the company well enough but all I can see is that it's never made a profit"
I know it's not the most reputable place for information but wow
Day to day discussions on S/P, page-10312
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.87 |
Change
-0.010(0.35%) |
Mkt cap ! $8.642B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.94 | $2.83 | $58.15M | 20.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 137974 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 2100 | 2 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |