PLS 0.00% $2.92 pilbara minerals limited

Ann: Trading Halt, page-352

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  1. 2,834 Posts.
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    PLS should go into care and maintenance. Costs are above $550per tonne and going by GXY report yesterday with an average H1 price of $584 and falling. PLS is now losing money on every tonne sold. Not a good way to run a company, 750,000TPA of loss making concentrate. Take the supply out of the market wirh A40, AJM and PLS offline the market may have some life in it.
 
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