PLS pilbara minerals limited

Why the sudden drop??, page-5

  1. 772 Posts.
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    As I mentioned in the other thread I think GXY/GMM's off-take with someone we had an MOU with has probably caused people (recent buyers) to dump and run to those stocks with the anticipation of faster returns.

    Now, I did a bit of research into GXY when I was weighing up buying them or NMT and I was under the impression that the cost of production of GXY relative to Talison-Greenbushes was higher and the spodumene ore was only 6% Li (c.f. to 7% for Talison and 6.5-7% for NMT's deposity).

    Mind you it's hard to argue with a Mitsubishi off-take.

    I might buy into GMM as well.

    Just an example of how quickly things can change : http://www.abc.net.au/news/2014-05-01/analyst-says-little-hope-of-galaxy-selling-mount/5423682
 
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(20min delay)
Last
$1.70
Change
0.120(7.62%)
Mkt cap ! $5.438B
Open High Low Value Volume
$1.67 $1.73 $1.63 $116.7M 69.20M

Buyers (Bids)

No. Vol. Price($)
12 118277 $1.70
 

Sellers (Offers)

Price($) Vol. No.
$1.70 338675 38
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Last trade - 14.06pm 18/07/2025 (20 minute delay) ?
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