The big kicker imo is the 6yr +4yr agreement and price linked to the downstream price of lithium carbonate. Convertors have been making huge margins from spod concentrate. That agreement is a huge windfall for PLS and great negotiation. Further, the 50% JV option for a downstream plant in the future is massive. The 50c share buy-in is the negative offset or cost to PLS for those benefits. But overall, by far a big WIN for PLS and guarantees the companies future.
Ann: Binding Off-take & Downstream Processing Agreements-PLS.AX, page-34
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Last
$2.73 |
Change
0.040(1.49%) |
Mkt cap ! $8.100B | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.74 | $2.70 | $9.416M | 3.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 144170 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.73 | 30698 | 5 |
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| Last trade - 10.26am 17/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |