IMO - PLS should be cutting back on supply, not selling into price weakness. We are now a price taker rather than a price maker… we should be dictating terms if there is sufficient supply demand, if not - cut back, sit tight and let the market come to us.
We have a massive war chest to ride out weakness in the market and a teir 1 resource.
DYOR IMO
Ann: Pilbara Minerals Expands Ganfeng Offtake Agreement, page-38
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Last
$2.92 |
Change
-0.060(2.01%) |
Mkt cap ! $8.789B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.01 | $2.91 | $68.57M | 23.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 33426 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 27520 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |