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2.17%

$4.06 pilbara minerals limited

Agree, although my bet it just one element improves, ie....

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SimonGr

3,383 Posts.

904

25/01/20

20:58

Post #: 42575375
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Originally posted by Johnny87: ↑

I posted the following a few days ago although I must admit my hopes aren't very high for a decent quarterly...

We should have a clearer understanding when we see the upcoming quarterly report.
These are the things I feel we need to sort out/get finalised before any major breakout in share price:
-Recoveries up
-Costs down
-Plant running at full capacity
-All spodumene produced being sold to off-takers
-An indication of SC6 price bottoming and moving back up
-POSCO JV details finalised and released to market

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I agree. If youre lucky you’ll see one of those 6 factors improve with the qrtly (Ie. recoveries). How much? Who knows?

Originally posted by fugazied: ↑

We will only see one or two of those in this quarter (costs down, recoveries up). Hopefully, we'll see the others by the end of 2020. But honestly, I think this spodumene glut may last much longer than expected. The Chinese want it, they took Alita, they want PLS. PLS need to make their first profit this year as a matter of urgency.

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Agree, although my bet it just one element improves, ie. recoveries as low volumes will blow out operating costs.

PLS Price at posting: 36.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last $4.06		Change -0.090(2.17%)		Mkt cap ! $12.21B

Open	High	Low	Value	Volume
$4.14	$4.15	$4.06	$86.50M	21.18M

Buyers (Bids)

No.	Vol.	Price($)
36	644647	$4.05

Sellers (Offers)

Price($)	Vol.	No.
$4.06	34457	1

View Market Depth

No.	Vol.	Price($)
34	441207	4.050
13	292531	4.040
11	219238	4.030
8	74052	4.020
20	520932	4.010

Price($)	Vol.	No.
4.060	34457	1
4.070	331304	6
4.080	133491	11
4.090	185669	8
4.100	330031	12

Last trade - 16.10pm 22/05/2024 (20 minute delay)


Last $4.07			Change -0.090 ( 2.15 %)
Open	High		Low	Volume
$4.15	$4.15		$4.06	4616488
Last updated 15.59pm 22/05/2024 ?

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