Now voting power: 6.19%
Guess JP Morgan & affiliates are shorting PLS.
PLS most shorted stock on the ASX
Tantalite production decreased in Q4 FY23 with 7,224 lbs produced relative to 8,575 lbs in Q3 FY23. For the full year FY23 period, the Group recorded 620.1k dmt of concentrate production, 64% higher than FY22 and at the top end of production guidance. The increase in production for the full year was driven by a combination of product grade strategy and improvements in productivity.
Share price reaction ; $4.95 up ~7% this arvo
supported by a $20mill Govt Grant . Executed April 2023
ASX +security code Security description PLS, ORDINARY FULLY PAID
Number of +securities to be quoted 168,678
Issue date 04/04/2023
Looks ok ..But the resource price must stand -up. ( Chart here )
- Release Date: 27/04/23 18:38 ( noted released outside trading hrs )
- Summary: March 2023 Quarterly Activities Presentation
- Price Sensitive: Yes
- Download Document 896.61KB
below MIN vs the Li Carb' Price: ........the red -line incase yur colored blind"
So Li Carb chart to test the bottom of the price "pit" then bounce out / bottom out.
Market Cap ($M): 11,872
Return on invested capital: is good
Free cash flow: ablility to pay a fully franked dividend is ok
PLS 12th BMX Auction.
US$8,299/DMT
PLS Share price $$4.55
Participating interests in the JV will be 55% Pilbara Minerals and 45% Calix, with each party funding their share of operating and capital costs and Calix licensing their patented technology and calcination knowhow into the JV
"Battery Material Exchange" equates to a price of ~US$7,708/dmt (SC6.0, CIF China basis).
PLS price reaction up 1% to $4.94 (The Fed raised the federal funds rate by 75 bps to the 3%-3.25% range)
Above: YTD Growth returns (Chart shows the NHC coal ahead - but will unwind when a dark swan swims in)
Above: 5yr Growth returns
qualified buyers with a total of 22 bids received online during the 30-minute auction window. equates to a price of ~US$7,708/dmt (SC6.0, CIF China basis).
$1.2 Bill Revenue plus 577% , $814.5Mill EBITDA, $561.8Mill NPAT
That is it dig up the dirt and ship it around and you get paid,
PowerPoint Presentation (markitdigital.com)
