PLS is still a very high cost producer, so we need significant increases in the spodumene price which won't happen in 2020 imo. Middle of 2021 might be a turnaround, and I wonder if PLS will still exist by then without a CR.
Companies like MIN/ORE are much better positioned than PLS. So, we might see other companies run on a small price turnaround, but PLS will lag far behind because of their high costs and high debt.
Day to day discussions on commodity price, page-81
-
- There are more pages in this discussion • 16 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
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |