PLS 0.75% 66.0¢ pilbara minerals limited

Heavy rainfalls in northern Chile

  1. 96 Posts.
    lightbulb Created with Sketch. 139
    The last days heavy rainfalls have hit northern Chile and caused flooding.

    The Chilean president has visited the region. That in mention town is located around 65km north of SQMs and ALBs evaporation ponds.

    My questions to the HC community:

    1. How much does rainfall effect evaporation ponds?
    My logic would suggest that it should increase the water level and delay the evaporation process. Can anybody confirm?

    2. How much rainfall was in the exact area of the ponds?
    Was it enough to make a difference? Can anybody find damage reports from SQM?

    If it causes some negative effect could we be heading for another supply disappointment from Chile's brines?

watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Mkt cap ! $1.229B
Open High Low Value Volume
65.5¢ 66.2¢ 65.5¢ $333.3K 508.5K

Buyers (Bids)

No. Vol. Price($)
4 10253 66.0¢

Sellers (Offers)

Price($) Vol. No.
66.5¢ 231544 8
View Market Depth
Last update - 10.09am 24/04/2019 (20 minute delay) ?
-0.005 ( 0.12 %)
Open High Low Volume
66.0¢ 67.0¢ 65.5¢ 166844
Last updated 10.28am 24/04/2019 (live) ?
PLS (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.