you do have a great point in that capital costs are rising and that is beneficial for current producers that can self fund, but to say quarterly had no impact is naive. Correct, blind Freddy knew that pricing would be strong, but there are some things that we didn’t know and a part of the price action has to be attributed to them.
example: excellent cash cost control compared to peers in the same inflationary environment, strong production numbers on improved ore recovery etc. etc.
PLS chart, page-12301
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Last
$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
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| PLS (ASX) Chart |