Absolutely, I would say.
To quote PLS also: "my phone is on silent". So apparently there is a lot of interest. Maybe DH should've picked up the phone and done a fwd sale, because now we've got customers that are not prepared to pay $7,500+ for sc 5.5%.
DH is at pains to explain that "nothing in the short-to-medium term would give rise to a concern", yet auctions are not disclosed and we're rummaging around trying to find ways of better pricing outcomes. First I've heard that they want to do tolling via bmx. I thought the margin was with the miner.
Looks to me like PLS has identified a ceiling on price which needs to be incorporated into P1000 hence delay in orig timelines for feasibility plus FID.
PLS chart, page-12967
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Last
$3.09 |
Change
0.065(2.15%) |
Mkt cap ! $9.316B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $30.54M | 9.939M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 267284 | $3.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.09 | 270114 | 66 |
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| Last trade - 14.18pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |