I'd argue that going to sleep on the matter is a bit excessive.
What are the plant upgrades they have commenced that will unlock 10% odd more capacity from the existing plant?
I suspect we will increase see a rise in recoveries and a cost reduction here.
And PLS is positioned extraordinarily well for the upswing given that they're in production and really, just tweaking and fine tuning atm.
That being said, i see your sell sentiment as a matter of dislike for the company not for its profitability. Money will be made by all that buy in at these levels, especially over the next 3 years.
Your comments and line of questioning suggests the company is all but cooked and will never grow from here.
That's simply not accurate in my view.
Note that this is all IMO, I'm not suggesting your right or wrong, i just hold these views of your reasoning to post here as likely due to particular characters on the PLS thread throwing mud over the fence. Additionally, i hold both as i see brilliant potential for both.
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- Ann: Investor Update - March 2021 Quarterly Activities Report
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Last
$3.02 |
Change
0.040(1.34%) |
Mkt cap ! $9.092B |
Open | High | Low | Value | Volume |
$2.95 | $3.03 | $2.93 | $51.27M | 17.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 8812 | $3.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.02 | 3200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 8812 | 3.010 |
4 | 31023 | 3.000 |
4 | 166506 | 2.990 |
8 | 231671 | 2.980 |
6 | 36544 | 2.970 |
Price($) | Vol. | No. |
---|---|---|
3.020 | 3200 | 1 |
3.030 | 60335 | 9 |
3.040 | 20197 | 5 |
3.050 | 138495 | 16 |
3.060 | 25130 | 6 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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PLS (ASX) Chart |