Yeah I agree that we don't know the details about AKE's contracts etc. However when AKE released its guidance, the entire market, including PLS, rose in response to it. There was also a lot of discussion around here about how 'If AKE can get $5 k, then PLS can surely get even more'. Our SP was inflated in response to these wide sentiments. The issue is, PLS commited to releasing its guidance in the quarterly report, and they didn't.That's my gripe. It isnt professional, and it vindicates anyone who obviously see's through these actions as a company intentionally witholding information because it assumes the market wont like it - myself included. And this vindicates my opinoin that the BMX auction was scheduled for this time, in order to overshadow the absence of the promised guidance.
I'm very pro PLS. However its evident I can see issues with the company whereas as some long term holders can not. And as part of the excellent forum that HotCopper is, I will raise these issues. Note: this is the only issue I've raised to date, wheres as I'm constantly supplying postive information about the company.
And so I'll end on a postivie: India's mining minister will lead a trade delegation to Australia in June - their plan is take an equity stake in an australian cirtical minerals mine.
As PLS has P680 and P1000 on the cards - that would make an easy pitch to the likes of India (and another great step for PLS to diversify its customers). GLTAH.
https://www.copyright link/world/asia/india-hunts-critical-mineral-investment-in-australia-to-power-evs-20220428-p5agy1
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$2.98 |
Change
0.110(3.83%) |
Mkt cap ! $8.969B |
Open | High | Low | Value | Volume |
$2.99 | $3.10 | $2.95 | $98.90M | 32.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 16986 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 175531 | 5 |
View Market Depth
No. | Vol. | Price($) |
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3 | 10510 | 2.970 |
8 | 39383 | 2.960 |
14 | 24870 | 2.950 |
4 | 22003 | 2.940 |
5 | 133155 | 2.930 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 2500 | 1 |
2.990 | 500 | 1 |
3.000 | 120270 | 5 |
3.010 | 24132 | 5 |
3.020 | 21979 | 5 |
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