PLS 2.81% $3.11 pilbara minerals limited

Ann: Strong Progress at Pilgangoora as Production Ramps Up, page-27

  1. 6,777 Posts.
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    A number of negatives here unfortunately, not getting a consistent 6% concerntrate.. hope they are correct and they can sort it out in a few weeks, also hope not to much extra processing costs to remove iron:

    "The DMS circuit has achieved some positive results through the commissioning process with select samples achieving ~6.2% lithia content with typically less than 1.8% Fe2O3 (ultimately targeting below 1.4% Fe2O3 in product). While promising, the results are still not being achieved consistently at this stage of the DMS commissioning. Further adjustments are being worked on (primarily in relation to further iron removal and optimising the higher-density Stage 2 DMS recovery) prior to this product stream being fully operational. This is expected to be resolved in the coming weeks."
 
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