The AUD/USD just dropped to 70.4c. The Forex FX rate used in all the stage 1&2 DFS announcements presume 75c.
We should be $1.60 for Stage 1 now, and above $3 when Stage 2 gets going!
PLS are now selling the product every month, and being paid. The risks with PLS are diminishing by the day. The next quarterly cash flow statement (due late Jan, about 5 weeks away) will demonstrate what the mine can do. And that is only the start, with ramp-up continuing.
Regardless of the market meltdown happening around us, PLS just keeps on doing their job. We are one of the world's largest, lowest cost lithium spodumene mines in operation, with expansion plans to make us THE world's largest in a mere 12 months. On top of that, we have an impeccable management team, lead by our main man, Mr Ken B. We will bounce back pretty quickly once the market sorts itself out. Hold tight folks
Aussie Dollar Dropping, page-70
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.16 |
Change
0.170(5.69%) |
Mkt cap ! $9.515B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.05 | $117.6M | 37.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 72180 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 222212 | 12 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |