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1.01% $3.00 pilbara minerals limited

PLS chart, page-20056

  1. dfs1
    6,541 Posts.
    lightbulb Created with Sketch. 3789
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    08/12/23
    17:43
    Post #: 71354033
    I don’t think the majority of punters thought prices would stay in the $5k US range for contracted supply. Most here have been more realistic.

    Do I believe LT forecasts of $1500 are correct. No I don’t. Am I in the $4000 range. No.

    It will take time to find where the sweat spot is. There will be more volatility as one sizeable resource coming to market, or not, has a huge impact on pricing.

    I’ll say this. IMO, $1500 US won’t incentivize enough new supply to meet demand.
    PLS Price at posting: $3.71 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 24  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
$3.00 		Change
0.030(1.01%) 		Mkt cap ! $9.029B
Open High Low Value Volume
$2.96 $3.07 $2.93 $75.87M 25.21M

Buyers (Bids)

No. Vol. Price($)
13 239340 $3.00
 

Sellers (Offers)

Price($) Vol. No.
$3.01 16185 6
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Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
PLS (ASX) Chart
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