Australia's largest stock trading and investment forum Australia's #1 stock forum

PLS

Click for more information

0.67%

$2.96 pilbara minerals limited

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

First 45129 Last

Share
Profile

Follow
mms

384 Posts.

82

16/08/24

17:56

Post #: 75244468
Share

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.

Expand

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

PLS Price at posting: $2.90 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 2,551 more messages in this thread...

First 45129 Last

Add PLS (ASX) to my watchlist

(20min delay)
Last $2.96		Change -0.020(0.67%)		Mkt cap ! $8.913B

Open	High	Low	Value	Volume
$2.94	$3.02	$2.91	$52.74M	17.74M

Buyers (Bids)

No.	Vol.	Price($)
7	31282	$2.95

Sellers (Offers)

Price($)	Vol.	No.
$2.96	15058	2

View Market Depth

No.	Vol.	Price($)
6	28282	2.950
8	149321	2.940
11	429097	2.930
15	281763	2.920
16	97372	2.910

Price($)	Vol.	No.
2.960	8500	1
2.990	3000	1
3.000	226015	2
3.010	83350	6
3.020	73352	8

Last trade - 16.10pm 11/11/2024 (20 minute delay)

PLS (ASX) Chart

SPONSORED BY