I just had a look at the PLS quarterly.
Realised price in the quarter was $US1,113 and CIF cost was $US523 and for the half year was $US587. So even at a price of $US900 they are doing OK ie a reasonable profit. The lower production costs mainly reflected increased production (I expect this will be the case for the DFS for LRS - it will lower unit costs but how much I have no idea).
Their cash margin in the quarter was $176m and if based on current spot lithium prices is would have reduced to about $120m. But based on cost of production in the half year PLS would have been lucky to be profitable.
SP is up about 7%.
I just had a look at the PLS quarterly. Realised price in the...
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Last
23.5¢ |
Change
-0.010(4.08%) |
Mkt cap ! $657.8M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.0¢ | $985.8K | 4.169M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 920445 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 84781 | 4 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
23.0¢ |
Change
-0.010 ( 5.70 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 24.5¢ | 23.0¢ | 1414587 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| LRS (ASX) Chart |