Hey @anatol
PLS generated only $176m cash margin last quarter - if prices don’t rise decently their margin and cash reserves will disappear soon.
VMP you have hit the nail on the head......
PLS has been fine tuning its operation for many years.....
In this current environment its only just cashflow positive.....
How on earth is a high cost producer like LTR going to get positive cash flow?????
First year or 2, LTR will be triple LTRs cost.....
It has taken LTR many years to get where they are now....
ASX Today, page-39504
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Last
68.0¢ |
Change
-0.035(4.90%) |
Mkt cap ! $1.642B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.0¢ | $7.980M | 11.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 185104 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 354510 | 34 |
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| Last trade - 14.43pm 13/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |