PLS 1.04% $2.85 pilbara minerals limited

Ann: Annual General Meeting Company Presentation, page-10

  1. 230 Posts.
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    Just came from AGM

    As it happened, stood against the back wall next to the guy who is doing the 5MT PFS work. I wanted to ask the room the question about whats after that - is there scope for 8MTPA etc but Ken wrapped up the question time (thanks old codger who waffled on a bit!). Instead I asked him direct and his response, in a nutshell was:

    At 2 MTPA we had 30 years of mine life - at 5 MTPA you could say we have 18 years mine life But we all know that there is more resources to be defined so absolutely - there is scope and scale beyond the 5MT PA. When that is and timing, who knows but we have a significant resource and demand will be very high. So to answer your question - if I was a betting man, I would say absolutely there is scope beyond 5MTPA!

    I also asked about India - they haven't even scratched the surface there and that is a huge market and according to Ken, its going to happen there too at some point - they have had some early chats but nothing concrete.

    Was all good enough for me. As a shareholder since 2014 - I'm wrapped. Great presentation by Ken and well done to all at PLS. Exciting times ahead.

    cheers

    GLTAH
 
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