PLS 3.83% $2.98 pilbara minerals limited

Good News & Bad News, page-35485

  1. 6,608 Posts.
    lightbulb Created with Sketch. 3842
    So the Chinese expect hardrock producers to supply at break even with all in costs, through 2024. Hmmmm, maybe, maybe not.

    Apparently SC6 average 2055. Looks like there is plenty of low quality rock being processed, looking at the below list. That is plenty of waste, excess energy usage and valuable processing facilities being tied up processing crap. At some stage they will need more Lithia units to keep the Chinese export business pumping. China needs to keep their economy afloat and dominating world EV production is part of the plan.

    Futures green. Is it the start of a restock. We shall see.


    https://hotcopper.com.au/data/attachments/5725/5725461-60f96f7cc9db520223a6a50413768682.jpg


    https://hotcopper.com.au/data/attachments/5725/5725417-b37163ab4ebd6794a4aef502918691ce.jpg
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.98
Change
0.110(3.83%)
Mkt cap ! $8.969B
Open High Low Value Volume
$2.99 $3.10 $2.95 $98.90M 32.90M

Buyers (Bids)

No. Vol. Price($)
5 16986 $2.97
 

Sellers (Offers)

Price($) Vol. No.
$2.98 175531 5
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.