PLS is still a very high cost producer, so we need significant increases in the spodumene price which won't happen in 2020 imo. Middle of 2021 might be a turnaround, and I wonder if PLS will still exist by then without a CR.
Companies like MIN/ORE are much better positioned than PLS. So, we might see other companies run on a small price turnaround, but PLS will lag far behind because of their high costs and high debt.
Day to day discussions on commodity price, page-81
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Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |