"...how much smarter and visionary he would be looking now if he had of been able to lock in a long term fixed price agreement for most of PLS shipments based on peak pricing..."
Do such contracts exist?? If they do then the buyers must be stupid!!
Surely most contracts would allow for genuine fluctuations in pricing to be reflected in transactions. Of course, with Chinese buyers it may be different because they would not necessarily adhere to the contracts if the Chinese Government decided otherwise.
Ann: Pilbara Minerals Expands Ganfeng Offtake Agreement, page-114
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Last
$2.87 |
Change
-0.020(0.69%) |
Mkt cap ! $8.638B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.92 | $2.78 | $84.74M | 29.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 173645 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 30000 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |