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$2.67 pilbara minerals limited

Send them your bill DFS. They obviously need assistance in...

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16/08/24

17:56

Post #: 75244468
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Originally posted by dfs1: ↑

The Citi analyst is perplexed. No shite. That would be because they think it is a Brazilian company. No Citi, it's an Aussie company with an asset in Brazil.

Couldn't find a structural advantage? Seriously dull analyst. The structural advantage is utilising PLS's IP to extract maximum value from an orebody they are familiar with. Something the Citi analyst obviously is clueless about and how about proximity to European and US markets. I could go on but this analyst is obviously not familiar with or chooses to ignore, PLS's hard earned yards as a Spodumene producer, it's network of customers, the advantages of downstream JV's, midstream project success (hopefully) and financial strength. It ain't that easy, as a multitude of wannabe Lithium participants are finding out.

The main structural advantage. PLS will produce Spodumene at Salinas, at a lower cost than many of the other Lithium producers, thereby ensuring it survives in any low price environment and enjoys the fruits of the inevitable higher priced environments. Not only that, they sequence the supply to market demand thereby helping balance the supply/demand equation. There Citi, job done for you.

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Send them your bill DFS. They obviously need assistance in understanding the finer points.

PLS Price at posting: $2.90 Sentiment: Hold Disclosure: Held
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Last $2.67		Change -0.010(0.37%)		Mkt cap ! $8.040B

Open	High	Low	Value	Volume
$2.64	$2.72	$2.63	$51.42M	18.82M

Buyers (Bids)

No.	Vol.	Price($)
4	28879	$2.66

Sellers (Offers)

Price($)	Vol.	No.
$2.68	287620	11

View Market Depth

No.	Vol.	Price($)
1	5000	2.660
3	7076	2.650
18	66489	2.640
27	128554	2.630
23	57840	2.620

Price($)	Vol.	No.
2.680	277620	9
2.690	27500	4
2.700	40370	3
2.710	47084	5
2.720	107708	7

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