PLS average cost per ton is $US630 they still raking in at $1800 or $1500 or at $1200 or predict extreme low of $800
their cast pile can just keep growing but at a slower pace, once it get down below $1000, most marginal producer will be out of commission
volume will stop, very similar case to Iron Ore 7 years back, BHP RIO and FMG then raking it in come the recovery
PLS will followed the similar path
BROKER DATA PILBARA - PLS, page-33
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$3.20 |
Change
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Mkt cap ! $9.631B | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.23 | $3.18 | $79.04M | 24.54M |
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| No. | Vol. | Price($) |
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| 1 | 10000 | $3.20 |
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