MIN 1.15% $55.92 mineral resources limited

This from PLS anouncment today, they are down 10% :- Not knowing...

  1. 366 Posts.
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    This from PLS anouncment today, they are down 10% :- Not knowing the recent prices, I'm guessing this must be bad and related to MIN also.

    "Pilbara Minerals Limited (“Pilbara Minerals” or the “Company”: ASX: PLS) undertook its 12th
    spodumene concentrate auction via its digital Battery Material Exchange (“BMX”) platform
    earlier this afternoon.
    Following the auction process the Company has sold two cargoes for a combined total of
    10,000dmt at an average price of US$7,552/dmt (SC5.5, FOB Port Hedland basis).
    The equivalent SC6.0 price negotiated equates to a price inclusive of freight, CIF to China
    of US$8,299/dmt, with deliveries expected from late January 2023."
 
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$55.92
Change
-0.650(1.15%)
Mkt cap ! $10.95B
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$56.73 $56.94 $55.70 $65.83M 1.172M

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1 96 $55.92
 

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