PLS 4.83% $3.15 pilbara minerals limited

It appears the failure to understand relates to WMT and DMT...

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  1. 3,469 Posts.
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    It appears the failure to understand relates to WMT and DMT being measurements rather than two different products. DMT is simply a calculation that removes the variable of moisture. Whereas it seems that poster thinks if PLS reports in terms of DMT they should be paying the costs of completely drying the product.

    That said I am a little lost when he starts suggesting PLS should be paying for stages of conversion to Li Chems like LiOH.H2O or Li2CO3.

    Really simply put, PLS sells a precursor product to converters who in turn value add through processes like the alpha to beta calcination he claims PLS should be paying for.

    Very odd conversation to be involved in today.
 
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