Next dividend likely to be 2025/26.
July 1 to December 31, 2023 PLS average selling price was about $1600US/T.
January 1 to June 30, 2024 the average selling price might only be about $1100US/T.
Years end I suspect the price will be back over $1500US/T.
BMX auctions now might sound good at $1100US/T but they are for shipments for December
where I suspect the price will be $1500US/T or higher.
Mid 2025 the price might be around $3000US/T which may see dividends again.
PLS stating they plan cut backs to get the cost price which is around $600US/T down further.
It will need to get down to $250US/T if we want to see dividends sooner.
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Next dividend likely to be 2025/26
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Price($) | Vol. | No. |
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