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$2.88 pilbara minerals limited

Ann: December 2021 Quarterly Activities Report, page-24

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mms

367 Posts.

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31/01/22

10:41

Post #: 59235661
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Originally posted by Papa_1993: ↑

I wouldn't say spectacular, albeit underpinned by some pretty awesome pricing coming through and the future pricing looking great.

In reality, production down, costs up quite a lot, unplanned maintenance/breakdowns aren't great, however the pricing received counteracts this no doubt.

I know I am nitpicking, but I guess what I am getting at is that there is always room for improvement. Also this bodes for future juniors/producers that are on the verge of production, that things don't always go smoothly and even a world class operation like Pilbara will have hurdles along the way.

I think that what this really tells me, is that if PLS is suffering to an extent due to labour shortages/unexpected shutdowns etc, then any junior will face the issues 10 fold, and the perpetual deficit will continue. TBH not really a bad thing that production/shipped volumes are lower as we all know this will just continue to push the price upwards. Will be interesting to see when the next BMX auction comes through and the pricing received because it looks like supply is going to be pretty tight for the next couple quarters.

Pap

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No you're not nitpicking, you're calling it as it is Papa. Upside for us continues to be fantastic.

Last edited by mms: 31/01/22

PLS Price at posting: $3.31 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $2.88		Change -0.015(0.52%)		Mkt cap ! $8.699B

Open	High	Low	Value	Volume
$2.79	$2.92	$2.78	$34.86M	12.25M

Buyers (Bids)

No.	Vol.	Price($)
27	173839	$2.87

Sellers (Offers)

Price($)	Vol.	No.
$2.88	57544	13

View Market Depth

No.	Vol.	Price($)
19	104170	2.870
24	388151	2.860
25	519664	2.850
19	360089	2.840
22	422064	2.830

Price($)	Vol.	No.
2.880	96811	30
2.890	286964	22
2.900	406371	19
2.910	188524	19
2.920	362422	18

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