PLS 3.28% $2.83 pilbara minerals limited

We don't get spod better than the spot price at all.When spod...

  1. 4,031 Posts.
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    We don't get spod better than the spot price at all.
    When spod was $1100US/T we were selling it at afar lower price than that.

    We did one BMX auction back in May for $1106 US/T for 5000 T.
    Look at the June data. Shows average selling price was $840US/T.

    We find out on Friday what the profits are for the last 6 months.
    Some are suggesting the profits are $400m and it may even be about $600m
    due to the fact we are buying out another mine. They also building another project
    to cost $1.2b and as their cash reserves are going down they'll be going into debt or they had a good
    enough profit in he last 6 months.

    Find out one way or the other come Friday.
    Then I suspect the stock will zoom up to $3.50 and beyond.

 
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