The advantage of being a low cost producer with a bank balance, thanks to the previous supply squeeze. PLS did the tough yards, optimised the plant, made improvements, gained invaluable intellectual property, invested in mining/processing technology and placed the company at the forefront of Lithium hardrock mining. This now allows them the luxury of maintaining cash flow through a tough period, while others flounder, mothball, delay projects and hang on for dear life. On the other side of this is the same scenario that played out in 2022 and early 2023 and next time, PLS will have over 1Mtpa of high margin production online. Worth waiting for.
Good News & Bad News, page-44895
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.98 |
Change
0.180(6.43%) |
Mkt cap ! $8.971B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.98 | $2.81 | $72.01M | 24.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 319532 | 6 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |