NST has been a great investment, however, what strikes me is the potential margins which PLS is going to enjoy. NST sells gold at say $1650/oz with a cost of say $1000/oz, so a margin close to 40%, which is very nice, however, with PLS, the cost might be $250US/t and I wager they will get at least $1000US/t and possibly a lot higher. So that's 75%+ margins. It's going to get interesting in 2018!!
Meanwhile, at the Foolery...., page-96
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Last
$2.67 |
Change
0.310(13.1%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.77 | $2.53 | $172.5M | 64.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 295865 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |