PLS 0.13% $3.95 pilbara minerals limited

Good News & Bad News, page-4111

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    Bad news appears to be the start of 2020 may mean continued soft demand for product.

    The good news is that projects continued to be deferred, which will likely cause the 2021 spot price to shape into a hockey stick. PLS has enough money in the bank to see us through IMO. Our major partners appear to be taking enough spod to keep us afloat until they need it in shiploads.

    https://www.reuters.com/article/wesfarmers-projects-mtholland-idUSL4N29S29Y
 
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