PLS 1.32% $3.06 pilbara minerals limited

Good News & Bad News, page-19924

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    EV sales are seasonal. Considering BMX prices are an indication of market sentiment, we dont want any sale prices to reflect quieter periods eg Dec - Feb. BMX is more about price discovery than profitable auctions. I dont think we should host an auction till sales pick up again. Having said that, comparable YoY sales are still massive, so Dec - Feb will still be huge.

    I think its a masterstroke plan to divert Plant 2 to offtake agreements, in order to finish them as early as possible. Then Plant 2 can 100% sell at auction from March onwards. Imagine seeing all the BMX sales!!
 
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