PLS 1.40% $2.89 pilbara minerals limited

Ann: September Quarter Production and Sales Update, page-25

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  1. 2,851 Posts.
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    The contract prices are not fixed for 4 years though and I suspect some may only have maybe 6 months to go before the price is recalculated based on current lithium prices.
    Even with the likely abnormally low fixed contract prices on some contracts they still achieved A$1001 dmt which is still substantially higher than the price you suggest and including the first BMX auction results the average increased to A$1,080
    More sales will get pushed through the BMX auction and that will increase the average price achieved quite significantly.
    I still expect next quarters average price achieved to be much higher.
 
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