I for one hope that PLS will pay a modest dividend in March. Last year I sold out of CXO (poor communication by management of the issues that they were having during the 2022/2023 Wet Season and of the lower than expected recovery percentage) and bought into PLS, in part due to its policy of paying dividends. It has been a poor investment to date, but I have complete faith in Dale and his team. There seem to be a lot of headwinds from China, USA and other financial institutions, shorters, sodium-ion batteries, AI etc but hopefully the tide will turn soon. Surely Dale, Gina, Chris et al can work this out together!
I am aware that the extraction of other minerals / commodities by PLS is the fourth, and distant, part of their strategy but perhaps the current spodumene prices have made them reconsider this approach.
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I for one hope that PLS will pay a modest dividend in March....
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