Current stockpiles are not stockpiles anymore, they are now inventories, which presently are at 22 days according to reports from the SMM website. If supply/demand was in balance, the inventories normally sit at 60 days, so 22 days would be keeping downstream actors awake at night.
March Q 22 revenue results will be roughly 677% and 66% higher than March Q 21 and Dec Q 21 respectively, and cash at bank nudging AUD$480 mill.
Ramp up of next PLS shipment..., page-1264
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$3.23 |
Change
0.080(2.54%) |
Mkt cap ! $9.721B | |||
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