BHP's half yearly NPAT was $927m vs $6.4b a year ago. If this was PLS it'd be the end of the world but as its the Big Australian people tend to mostly take it in their stride for the long term.
So something to bear in mind.
China tried to crush iron ore in Australia, didn't really work out, will it be the same with lithium?
Of course BHP is not a one trick pony, PLS however does be looking to diversify a little bit with more value add in the supply chain. and the lepidolite play from China looks to be a money pit.
So lets see half yearly for PLS things like cashflow etc.
Good News & Bad News, page-38839
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$2.94 |
Change
0.100(3.52%) |
Mkt cap ! $8.852B | |||
| Open | High | Low | Value | Volume |
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