PLS 1.29% $3.15 pilbara minerals limited

Good News & Bad News, page-7534

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    AJM going into C&M at the very least will send a wave through the lithium industry as raw material is removed from market and there will be converters caught with their pants down, changing the supply / demand dynamic rapidly.

    It takes a fair bit of tuning to get a converter used to the feedstock and PLS will at least be similar for Gangfeng so perhaps we will see offtake volume being taken from them in full, if that hasn’t been fulfilled already.

    What happens down the track with AJM is pure speculation as it’s out of managements hands.
 
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