PLS 5.74% $3.13 pilbara minerals limited

Good News & Bad News, page-8318

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    If you read the last announcement, it's as close to certain as you can get that another production guidance downgrade is coming, IMO. When all is said and done, actual production for this FY is likely to be ~30% less than the original upper end of guidance (350 dmt vs 490 dmt). That's why the share price is pooping its pants. Need to also factor in a decent discount for how (un)reliable future guidance is given how far off they were with this one.

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    Last edited by asb83: 17/02/22
 
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