Australia's largest stock trading and investment forum Australia's #1 stock forum

PLL

Click for more information

7.50%

18.5¢ piedmont lithium inc.

Ann: SYA: DFS Confirms NAL Value With A$2.2B NPV, page-33

First 33 Last

Share
Profile

Follow
Jacko22

1,530 Posts.

755

19/04/23

16:13

Post #: 67359101
Share

Originally posted by cmonaussie: ↑

Well Vod what can I say - that is how it is priced and thats the contract. I see your PoV - just don't agree with it nor would I try to change your mind.

My rationale is we are not getting SC6 but SC5.4 because we are optimized grade/tonnage ... just how it works.
Lower grade = higher tonnage, but also lower grade = lower price.

On a pro-rata basis if SC6 was $900 then expect SC5.4 (a 10% lower grade) to fetch ~10% less in price or ~$810

You also got the fact that SYQ was paying for all the way to Cherryville. Now only needs to go to 3 Rivers. That's cheaper for JV (can't remember the freight component in the $900 cap).

I am expecting that PLL would not be pay SYQ much more thann $810 for SC5.4 to 3 Rivers.

I may be right or I may be wrong.

We will not know until the financials are released and then we can play the endless game of "I told you so", "ha ha" "blah blah" and so on.

Expand

Would appear that the summarised OTA terms, as published by SYQ in their 28 June 2022 announcement, indicate a max price of $900/t for SC6. Product of lesser quality is likely to command a lower price...

PLL Price at posting: 85.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

There are more pages in this discussion • 10 more messages in this thread...

First 33 Last

Add PLL (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change -0.015(7.50%)		Mkt cap ! $77.69M

Open	High	Low	Value	Volume
19.0¢	19.0¢	18.5¢	$211.9K	1.138M

Buyers (Bids)

No.	Vol.	Price($)
23	1097177	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	10920	2

View Market Depth

No.	Vol.	Price($)
23	1097177	0.180
14	506605	0.175
10	978705	0.170
7	303813	0.165
13	930131	0.160

Price($)	Vol.	No.
0.185	920	1
0.190	674458	10
0.195	699695	5
0.200	409732	12
0.205	570335	14

Last trade - 15.34pm 15/11/2024 (20 minute delay)

PLL (ASX) Chart

SPONSORED BY