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$2.34 pilbara minerals limited

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oslo

5,687 Posts.

22/01/16

12:44

Post #: 16849561
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Originally posted by tryingtomakeit ↑

Im pretty sure you cant just go into the Pilbara buy an excavator and start digging the stuff up, it takes years of planning and development and what we have is the largest and the earliest to market, apart form GXY who are about to start production amid a <1% feed stock and a small resource compared to PLS they are predicting full capacity at the end of 2016 December.

So your point about new mines entering the market is 4-5 years away and i highly doubt will be as large as PLS'S deposit. There is heaps of wannabes applying for every tenant surrounding PLS but is there anything worthwhile there we will soon find out.

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Bolivia, look it up.

PLS Price at posting: 28.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last $2.34		Change 0.050(2.18%)		Mkt cap ! $7.049B

Open	High	Low	Value	Volume
$2.34	$2.37	$2.32	$33.75M	14.38M

Buyers (Bids)

No.	Vol.	Price($)
6	109003	$2.33

Sellers (Offers)

Price($)	Vol.	No.
$2.34	1300	1

View Market Depth

No.	Vol.	Price($)
4	65359	2.330
19	520762	2.320
11	202177	2.310
27	131026	2.300
15	216029	2.290

Price($)	Vol.	No.
2.340	1300	1
2.350	137422	8
2.360	485407	11
2.370	294658	32
2.380	298624	23

Last trade - 16.10pm 16/01/2025 (20 minute delay)

PLS (ASX) Chart