What's so difficult about that to understand?
We will make a tonne of cash between now and then, and worst case it ends up in my pocket as dividends, best case its invested into new projects and downstream products.
All I was saying is the recent trading range of $2-3 was imo a fair place *at the moment* to be given the future outlook and inevitability that prices will retrace over time as no mining company will sustain software margins forever. $2 being good value and above $3 I'd be offloading some again.
You all seem to like that spreadsheet with prices in the $5-7k bracket but don't like when I point out that the long term prices most analysts agree on put the SP at or grow current values even when our production is triple current.
PLS chart, page-6860
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Last
$3.00 |
Change
0.060(2.04%) |
Mkt cap ! $9.032B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.08 | $2.96 | $72.45M | 24.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23223 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 132529 | 7 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |