IMO It's a fantasy to suggest that PLS will become a low cost supplier this quarter. It's unlikely this company will be profitable in the next 12 months, probably longer. I am still betting on a CR in 2021 because they will probably be approaching insolvency again at that point. The price of spodumene is still decreasing and we just cannot produce at that level and be profitable.
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$2.76 |
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Open | High | Low | Value | Volume |
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39 | 634433 | 2.750 |
30 | 213507 | 2.740 |
25 | 366321 | 2.730 |
30 | 176902 | 2.720 |
Price($) | Vol. | No. |
---|---|---|
2.770 | 420080 | 111 |
2.780 | 260737 | 18 |
2.790 | 182407 | 10 |
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