PLS 0.69% $2.90 pilbara minerals limited

PLS Iron Oxide Content, page-8

  1. 2,521 Posts.
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    You need to read what I have posted above and comment on the issues placed. Do not attack me personally as you run the risk of being suspended. The information is placed here to ascertain what is happening with PLS. I have read a lot about PLS and have held in the past. There are some very interesting questions and aspects being raised so no need to fly off the handle. Post back any relevant information you have at hand and lets discuss and debate what Pilbara's issues are!
    (Point 1)
    My point on the issue of JORC reporting has been overlooked by so many here is astounding! Where is the clarity of reporting? JORC states it plainly front and centre what needs to be conveyed in clear concise informative reports. Fe2O3 or any other deleterious element content is critical to any hard rock resource and is one of the main drivers on price for lithium. The Fe2O3 reporting is plainly vague and I am bringing this to the limelight as it is key to any profits now or in the future PLS will attain! Market sensitive!

    Statistical analysis is a component of data analytics. In the context of business intelligence (BI), statistical analysis involves collecting and scrutinizing every data sample in a set of items from which samples can be drawn. A sample, in statistics, is a representative selection drawn from a total population.
    Measurement processes that generate statistical data are also subject to error. Many of these errors are classified as random (noise) or systematic (bias), but other types of errors (e.g., blunder, such as when an analyst reports incorrect units) can also be important. The presence of missing data or censoring may result in biased estimates and specific techniques have been developed to address these problems.

    So where is all this data analysis by PLS? Yes thats right, insufficiently reported (point 1)which looks to be completely inadequate in samples taken 1-15m apart being inconsistent on a non homogenous deposit. Explanations with data supplied to the average investor is not there.

    OK I concede PLS is in commissioning stage and experiencing issues. Why is the Fe2O3 so high in commissioning if those levels were so low in the "Globalised" JORC reports? Makes no sense whatsoever! PLS used to report from "raw" to "factored" then changing it all applying statistical analysis.
    What are the Chinese processor views on this current situation? Is Ganfeng happy with these commissioning results and where does that leave them with high content of Fe2O3 in their soon to be delivered shipment?

    I'm not inferring PLS has any underhand dealings with Nagrom. It is a fair question of how can a party conduct independent metallurgical test work and yet be gifted shares in that company it is testing? Is that not a conflict of interest? Raises many more questions that need solid answers! Would or does ASIC approve?
 
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