Think WA Royalties is 5%.
Tax is 30% but due to debt that I think comes down.
Reporting season starts soon.
I do think they would have got costs down further.
Yes big over supply problem and many mines closing and EV sales not going so well due to cost of living
in all countries not just ours. So people go into saving over spending on luxury items. Food becoming a luxury item
just about the way it keeps going up and that is due to a war in Ukraine where most of the globes fertilizers come from.
All the future graphs going forward on ev sales will all be wrong now. It may well be flat for 2 years.
Can't see spod getting to $2000US/T any time soon.
Think spod going to hover between $900 to $1100US/T for the next year maybe two years.
That might be good enough for PLS but not so good for the others.
Maybe the others simply fold up leaving the bigger boys then prices might go up.
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