PLL General Discussion, page-2505

"... because they are now burning cash at NAL with SC6 prices firmly below $1k/t...."

Interesting that you feel you can make a blanket statement like that without having the first clue what you're talking about!

Are you suggesting you have 'inside info' that we're 'burning cash' do you? Did you know our cost price is 'firmly below $1K/t' - so, that in itself, would suggest we're 'not burning cash'?!?

Did you also know that PLL aren't selling under spot prices (or won't be for the majority of their spod sales in H2 2024) because they'll be sold under long term K pricing mechanisms? June qtr will have some tail end capex flow in NAL, but that will fall significantly in H2 2024 - (where BTW, the majority of NAL shipments will go to our long term offtake partners).

Or maybe you're like our SYA 'friends' and think the pricing under a long term OTA is priced well below spot price? Because that would be nuts.

We've been following the lead on the nasdaq for some time, so whilst the OZ tax time sell off is likely a factor, we're playing catch up with the US price which should have us around .19/.20 currently.