PLS 3.02% $3.07 pilbara minerals limited

Overly optomistic forecasts in annual report, page-10

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    There has been much previous discussion in the threads of PLS and other lithium producers about spod prices. Those other discussions include coverage of current contract prices of upwards to $900-$950USD/t (pretty sure I’ve remebered those correctly - others will remind me if I’m wrong). I suspect you will face arguments of blatant downramping with your stated calculations above unless you can substantiate the price you state with links to the basis of your calculations. Are you able to do that?
 
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