..if you believe fast markets. The fact is fast markets are trying to guess the near term future of spot sales. Good luck to them. The delivery of the spot sale of this shipment will not happen until February next year, then it’ll probably take a couple of months to convert to chemicals to sell to the cathode makers. Converters have been buying spot spodumene at a premium because they know that chemicals pricing is rising, so as time goes buy they know (or hope) they can make their margin. But what will chemicals pricing be say next April or May? Probably higher than where it is now leaving a huge margin available to the miner. Kenny bluntly said that spot sales will breach $3k at boom in the room. I call bullshit on fastmarkets’ “prediction”. I’m tipping $3000 usd @ 5.5% (previously I’ve said $2800) I’m upping’ it![]()
- Forums
- ASX - By Stock
- PLS
- BMX auction tipping comp
BMX auction tipping comp, page-409
-
- There are more pages in this discussion • 222 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.84 |
Change
-0.040(1.39%) |
Mkt cap ! $8.550B |
Open | High | Low | Value | Volume |
$2.88 | $2.97 | $2.84 | $45.32M | 15.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 223284 | $2.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.85 | 26459 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 223284 | 2.830 |
15 | 556408 | 2.820 |
12 | 250091 | 2.810 |
69 | 280691 | 2.800 |
6 | 90600 | 2.790 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 26459 | 3 |
2.870 | 37302 | 6 |
2.880 | 184752 | 10 |
2.890 | 134649 | 7 |
2.900 | 55700 | 8 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online