Issue was two plants running at under 100% was not efficient and was burning up capital on both sides, run one plant while the other sits in C&M to feed all current customers makes sense. then when demand picks up ran a few campaigns on the second plant to pick up the slack.
PLS will be nicely profitable if they were running their plant at 100% capacity as they have shown it is running past design spec. Even they can go as far as using AJM higher grade ore with there ore to run through the plant to get a higher output in the early days.
Issue was two plants running at under 100% was not efficient and...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |