PLS 2.93% $2.98 pilbara minerals limited

sorry to put Nolan's spod price pic again. but he seems to have...

  1. 14,081 Posts.
    lightbulb Created with Sketch. 78
    sorry to put Nolan's spod price pic again. but he seems to have trimmed off the top part...

    https://hotcopper.com.au/data/attachments/6377/6377281-2e0f5b46d1b9b7d8f74f6e77f54bffc3.jpg
    in the left corner is says "Li2O content 5.5-6.2%" and then in right hand corner it says "sub-brand of Galaxy, Pilbara etc"
    Even if you reduce the content to 5.2 you get $813
    ie 5.2/5.5 = .95
    .95 x $860 = $813.
    How do you get $730 a tonne?
    thanks


 
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