PLS - Pilbara Minerals
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PLS announces new pricing process for it's bulk spodumene concentrate. PLS will be paid the value of the lithium hydroxide produced from their spodumene (less conversion costs). It's different to their usual sales process using the BMX auction platform.
Not sure the market likes it as PLS has been sold down. The value of the sale won't be known until after conversion some time in the future.
Currently in a corrective wave c swing with a projected target of 3.20 - 3.50. (wave c = wave a)
Not sure the market likes it as PLS has been sold down. The value of the sale won't be known until after conversion some time in the future.
Currently in a corrective wave c swing with a projected target of 3.20 - 3.50. (wave c = wave a)
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It's magic. It's like someone knew too much
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How does it differ? Is it less profitable?
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I assume that mgt are trying this new process in order to maximise the value of their product.
DrBourse
If you don't Ask, you don't Get.
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Hi farmer......
PLS SP is where it should be atm after hitting my $4.15 yesty, and now at abt $4.28 @ 1pm 22/2/23 ....
The only TA signals atm are -ive ones....
Mkt Depth is abt 2 to 1 against atm....sellers @ 9.1mill units, & buyers @ 5.1mill units.....
ST Inds are all going sideways to Nowhere atm....
The 100 Day LR is still in a Downtrend... and the ST (7 day is in an even Steeper Downtrend).....
Bout the only +ive I can see is $3.97 in the near term.....
Cheers M8....
DrB
DrBourse
If you don't Ask, you don't Get.
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actually I missed that $4.15 call by 0.01c - the PLS SP only hit a low of $4.16.....Dammmmmm ....there's that timing thing again...
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Hi Dr B thanks for the update.
Had a good day yesterday with PLS but wasn't too sure about today so took the advice of that extremely wise sage "the bloke in the mirror" and have held back. Probably could have joined in the party earlier but decided against. There was a good chance to pick up a bit of decent coin, but now just waiting to see how the last hour goes.
explod
explod
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Fantastic half yearly report just out, huge profits.
Be off to the races tomorrow.
Be off to the races tomorrow.
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It is with a heavy hert and great sadness that i must report that due to working in a dead phone zone that I completely missed the days events especially in regard to PLS. Damn, bother and darnation just to be polite.
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I did have a buy in for PLS from the previous day, but I looked when I got home the opening SP was as close as it got all day. Since we have a hot work ban on tomorrow, it will be eyes on the opening and just perhaps take a gamble and buy in at that price.
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explod the way PLS moved today I am backing you to gain some serious ground.
Unfortunately this can't be said for tailee nd charlie.
No one is in a position to challenge for the wooden spoon this month. I t is safe.
Sean K
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I don't understand these buy and sell orders left on the market randomly without adjusting on a moment by moment basis. If you're investing a lot you need to go mobile and current. Too much risk either way.
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Sean Due to Telstra being con conformist by allowing a good size black hole in the system only 30k from Perth, today cost me a decent trade. Unfortunately the folding from this fencing job (which is close to 5 days work) far outstrips what I would have made, but lost dough is lost dough.
As I said in an earlier post, hot work ban on tomorrow so can have a go at getting on the train at an early station.
Sean K
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You need a backpacker with fencing skills and a 6G connection. But, we're living in the noughties...
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Have tried backpackers in the past about as useful as t**ts on a bull. 6G far go we are considered lucky if 4G is going to be reliable. Don't for this is the best state in the Commonwealth.. Wait-A-While!!!!!!
And now tis time to hit the Slumber King.
Good night night owls.
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After laying in bed for an hour, the grey matter was ticking along with PLS. So have now adjusted the order number and SP accordinly. Now awaiting with bated breath to see what the opening does.
Decided not to seek counsel from that extremely wise sage as he is in slumberland. No doubt he will be excited as to have missed out on advising.
Now definitely back to the Slumber King.
Good morning
Pilbara Minerals has reported a massive jump in interim net profit after tax to $1.2bn on the of increased production and shipping volumes, together with improved gross margin per tonne, delivering on its promise of an inaugural dividend.
Sales revenue rose 647 per cent to $2.2bn, supporting a substantial 959 per cent increase in gross margin to $1.9bn. Average realised sales price was $US4993/dmt.
Earnings before interest, taxes, depreciation and amortisation was up a staggering 1000 per cent to $1.8bn, from $152m.
An 11c per share dividend will be paid on March 24.
Have a very nice weekend.
Kind regards
rcw1
Pilbara Minerals has reported a massive jump in interim net profit after tax to $1.2bn on the of increased production and shipping volumes, together with improved gross margin per tonne, delivering on its promise of an inaugural dividend.
Sales revenue rose 647 per cent to $2.2bn, supporting a substantial 959 per cent increase in gross margin to $1.9bn. Average realised sales price was $US4993/dmt.
Earnings before interest, taxes, depreciation and amortisation was up a staggering 1000 per cent to $1.8bn, from $152m.
An 11c per share dividend will be paid on March 24.
Have a very nice weekend.
Kind regards
rcw1
DrBourse
If you don't Ask, you don't Get.
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rcw1 & Rabbit & farmerge...... Hope you are Monitoring the ADR PILBF on the OTC......
Note that my next 2 targets have been repositioned by a few days on this PLS Cht.
Cheers....
DrB
Note that my next 2 targets have been repositioned by a few days on this PLS Cht.
DrB
