In layman's terms, downstream end user's demand for spodumene is so immense in today's market, that grade requirements made to upstream producer's like PLS for faster shipment purchases, clearing ore sorting machine's higher run rate, at lower grades, even 5% Ken Brinsden made the notion, down stream converters will pay higher costs for lower grades just to gain more exposure to the mineral spodumene, works well for Pilbara Minerals at these escalating indicative prices.
PLS just requires fast acceleration of spodumene shipments, lower grades is key!!
Fantastic news today Pilbaran's)))
Ann: Corporate Presentation, page-8
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Last
$3.31 |
Change
0.020(0.61%) |
Mkt cap ! $9.968B | |||
| Open | High | Low | Value | Volume |
| $3.23 | $3.41 | $3.23 | $60.35M | 18.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 152099 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.31 | 31295 | 3 |
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| PLS (ASX) Chart |