PLS 0.13% $3.94 pilbara minerals limited

AJM currently pay a royalty of 5% of sales to the former AGO...

  1. 17,837 Posts.
    lightbulb Created with Sketch. 1249
    AJM currently pay a royalty of 5% of sales to the former AGO (now owned by Gina you know who) for stuff they mine off their main tenement.

    Will PLS have to pay that once they take it over and if so given the size of PLS resource why would they mine this resource when they have to give 5% of sales straight to Gina you know who.

    And if they don't have to pay it, I guess Gina you know who isn't going to be too happy.

    So perhaps an unhappy Gina you know who either way.

    Anyway, interested to know people's thoughts on this royalty and how the deal affects it.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.94
Change
-0.005(0.13%)
Mkt cap ! $11.85B
Open High Low Value Volume
$3.98 $3.99 $3.93 $16.83M 4.262M

Buyers (Bids)

No. Vol. Price($)
56 162382 $3.93
 

Sellers (Offers)

Price($) Vol. No.
$3.94 183132 79
View Market Depth
Last trade - 13.55pm 27/05/2024 (20 minute delay) ?
Last
$3.93
  Change
-0.005 ( 0.15 %)
Open High Low Volume
$3.98 $3.98 $3.92 1657026
Last updated 14.16pm 27/05/2024 ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.