You're being fooled by that misleading "unit operating cost (FOB)" figure which isn't a true representation of the real cost of operations. It doesn't include freight, royalties, admin, capex, etc.
Also, you're looking at last quarter's figures. The price of spod is markedly lower in the current quarter. Plug the current quarter's sales price in and I have no clue how you come to the conclusion that PLS is currently profitable.
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PLS
pilbara minerals limited
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$1.93

Ramp up of next PLS shipment..., page-3176
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Last
$1.93 |
Change
0.030(1.58%) |
Mkt cap ! $6.194B |
Open | High | Low | Value | Volume |
$1.86 | $1.95 | $1.83 | $123.6M | 64.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 12680 | $1.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.93 | 111026 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10076 | 1.920 |
1 | 1500 | 1.915 |
3 | 1823 | 1.910 |
3 | 57751 | 1.905 |
16 | 270868 | 1.900 |
Price($) | Vol. | No. |
---|---|---|
1.930 | 27026 | 3 |
1.945 | 213000 | 4 |
1.950 | 198849 | 22 |
1.955 | 670800 | 3 |
1.960 | 52526 | 10 |
Last trade - 16.19pm 25/07/2025 (20 minute delay) ? |
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