PLS 2.33% $2.94 pilbara minerals limited

Ann: Diggers & Dealers Conference 2021 Presentation, page-30

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    Market sensitive is strict but still has some leeway. I havent looked at it closely enough but I think this is new, 5 individual groups bid≥US$1,100/dmt FOB.

    Which mean on the day of the auction if PLS had four time more spod, they could have sold it all for near $1,100 FOB.

    This opens up an intriguing opportunity for PLS to facilitate other miners spod too. Say GXY or ORE had spare spod would they consider using BMX for a fee.

    Also if I was PLS I would side on caution, with any annoucement.
    Last edited by ipv6ready: 03/08/21
 
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