Yes i see what you mean. But the ultimate market 'buyer' where the product winds up, will likely be the battery makers in the USA. (If not in Korea for their domestic car manufacturing). Therefore the true transfer of proceeds is from Americans to Ozzies. Praise be the IRAct and the stimulus, although slightly odd in some cases, provided by it.
At 30% ownership stake the boost to our company's proceeds will be handsome. We sell them the raw materials (315kt) and get 30% of the profits from the sale of the hydroxide.
Ok, the next deal done by this careful / skillful management team is likely to be even better. 70 interested parties, which i am sure has been whittled down to a very short list by now, being vettted/ranked by Macquarie bank. PLS will still have the perogative to choose which deal / party it will be. That'll make for an exciting announcement.
- Forums
- ASX - By Stock
- Ann: September 2023 Quarterly Activities Report
Yes i see what you mean. But the ultimate market 'buyer' where...
-
- There are more pages in this discussion • 20 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 PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.87 |
Change
-0.010(0.35%) |
Mkt cap ! $8.642B |
Open | High | Low | Value | Volume |
$2.91 | $2.94 | $2.83 | $58.15M | 20.23M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 137974 | $2.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.88 | 2100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 137974 | 2.870 |
18 | 139384 | 2.860 |
28 | 561359 | 2.850 |
15 | 300701 | 2.840 |
36 | 369701 | 2.830 |
Price($) | Vol. | No. |
---|---|---|
2.880 | 100 | 1 |
2.890 | 33166 | 4 |
2.900 | 203240 | 8 |
2.910 | 584545 | 8 |
2.920 | 273452 | 10 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online