Steelmaker POSCO gazumped Polaris, LG Chem and BMW for the balance of Pilgangoora Stage 2. Wow.
AUD79.6m in convertible bonds is some dilution. I imagine another 100m shares.
Still, that's Stage 2 now SOLD OUT. Also financing for the downstream processing.
Interesting a steelmaker jumping in, although I notice AGO's DSO is with Chinese Steelmaker Sinosteel.
Morgan Stanley are concerned about future Lithium oversupply but not just battery makers or car manufacturers, now we have steelmakers jumping in.
Oh well, I guess the PLS SP will fall below 80c tomorrow. Good news is sooo taxing.
Stage 3 ... now selling.
South Korea's POSCO signs long-term deal to buy lithium from Australia's Pilbara, page-14
Add PLS (ASX) to my watchlist
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Last
$2.94 |
Change
-0.070(2.33%) |
Mkt cap ! $8.849B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $64.87M | 22.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86878 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 199466 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |