PLS 0.69% $2.87 pilbara minerals limited

Looks like a productive Quarter. However, this caught my eye,...

  1. 87 Posts.
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    Looks like a productive Quarter. However, this caught my eye, "Cash operating costs1 of USD$528/dmt CFR China achieved for the June Quarter"!! This seems to be extremely high, considering they achieved sale price of "USD$580-640/dmt CFR China (SC6.0 basis)".

    Not much margin there!! (however it is noted that by Q4 2020, cash operating costs will decrease)

    GLTAH
 
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