It seems like all of NAL (Sayona Quebec) sales of 23,942 tonnes of 5.5% spod should be to PLL.
Average realised price for SYQ was A$946 (US$624) which is what PLL is buying at on their offtake. PLL probably got around US$900 when selling to Tesla and LG Chem as prices only fell more sharply in January after the quarter ended. So the offtake portion is still cash positive for PLL to the tune of about $6 million.However given the unit operating cost of NAL is A$1397 (US$922), the underlying NAL operation is loss making. The cash loss this quarter is around A$25m.PLL as a JV partner has to contribute it's 25% share to the JV if cash balances are running short at the JV level. So it would need to put in abot $6m. So overall NAL (offtake + JV stake) is breakeven for PLL.
- Forums
- ASX - By Stock
- PLL
- Ann: Piedmont Lithium Sells Portion of Atlantic Shares to Assore
Ann: Piedmont Lithium Sells Portion of Atlantic Shares to Assore, page-27
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLL (ASX) to my watchlist
|
|||||
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.55M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 14.5¢ | $205.0K | 1.365M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 78734 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 205651 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12734 | 0.150 |
6 | 126190 | 0.145 |
13 | 446549 | 0.140 |
10 | 207607 | 0.135 |
18 | 592356 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 111507 | 5 |
0.160 | 395909 | 7 |
0.165 | 370364 | 4 |
0.170 | 252129 | 6 |
0.175 | 210788 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
PLL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online