if they can prove up 10MT of ~50% and 15MT of ~68% they will blend it and add 15years mine life to cockatoo and that's just for stage 4 and 5.. ...........................
While the above is obviously important it is not in my opinion going to be the share price maker. More important is the need to ship min. 3million tonne P/A.
Having a 20 year mine life but only making small amounts of revenue due to small annual tonnage is not a share price booster. The answer is to better utilise the tonnage via increased annual shipments and increased annual revenue.
PLV Price at posting:
13.5¢ Sentiment: None Disclosure: Held
