PLS 1.64% $3.10 pilbara minerals limited

Spodumene Prices, page-4777

  1. 3,945 Posts.
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    I am glad I baled on PLS at $2.98
    Spod continues to free fall like a brick.

    PLS must be losing money now.

    I predict PLS to get as low as $1.40 before another mug company buys them out.
    We saw that play out with AKE at $17.04 and now down at under $4 and likely to fold.

    PLS sells a lower grade spod so the spot prices here will be far lower again.
    PLS down again at $2.80
    Nearly twice as many selling now.

    For those that do not know why spod is falling so hard its due to China subsidizing the spod and
    lithium prices to corner the market and wipe out the competition.

    Spod will go under $500US/T in the coming months and PLS will end up stop selling it or they'll
    end up folding like others are.

    https://hotcopper.com.au/data/attachments/6430/6430203-d6b5e091d2bed6c98f515361f004847f.jpg

 
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Last
$3.10
Change
0.050(1.64%)
Mkt cap ! $9.335B
Open High Low Value Volume
$3.21 $3.26 $3.08 $87.12M 27.65M

Buyers (Bids)

No. Vol. Price($)
8 195050 $3.10
 

Sellers (Offers)

Price($) Vol. No.
$3.12 1000 1
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