PLS 1.07% $3.71 pilbara minerals limited

Did you mean to ask . . . . 'P2000, and getting' (selling) 'half...

  1. 1,039 Posts.
    lightbulb Created with Sketch. 289
    Did you mean to ask . . . . 'P2000, and getting' (selling) 'half of that' refined ?
    Ie
    we send (sell) 315 k tonnes to POSCO and they refine it, sell it and PLS gets 30%?
    we send 315 k tonnes to new JV (PLS choosing amongst the 70 offers)
    and push the remain 370 k tonnes through a solar powered calcinator ?

    These imaginings are nice but unrealistic for now.
    The CXL calcinator will not be able to handle anything like that quantity for a quite a few years. One could assume there will expansions of that facility if the demonstration plant proves successful.
    But for a few more years shipping of 5.3% spod to China seems unavoidable.
    Praps Albanese and WA govt can get a Battery factory up and running in WA in double quick time? And PLS could would redirect its Spod there if the price is right. But that seems a fantasy right now. BUT IT SHOULDN'T.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.71
Change
-0.040(1.07%)
Mkt cap ! $11.16B
Open High Low Value Volume
$3.73 $3.75 $3.67 $66.13M 17.86M

Buyers (Bids)

No. Vol. Price($)
3 4142 $3.70
 

Sellers (Offers)

Price($) Vol. No.
$3.71 181185 3
View Market Depth
Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
Last
$3.70
  Change
-0.040 ( 1.59 %)
Open High Low Volume
$3.73 $3.75 $3.67 5708124
Last updated 15.59pm 05/06/2024 ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.