PLS Group share price slides on cost jump, Ngungaju restart talk jars investors
PLS shares fell 6.5% to A$4.29 after its December-quarter update showed production down 7% but revenue up 49% to A$373 million on higher prices. Unit costs climbed 8%. Ganfeng’s GFL International sold 32.19 million shares in a block trade, exiting as a substantial holder. Investors await a board decision on restarting the idled Ngungaju plant.
