Day to day discussions on S/P, page-14177

The most important thing for PLS at this stage, is for Dale to get that recovery rate up to 85% of throughput, whilst achieving the 6% grade.

Even if SC6 prices should fall to USD550, we'd still have a healthy profit. Roskill's forecast for future Lithium pricing is much better:
Page 4
http://www.pilbaraminerals.com.au/site/PDF/2362_0/Stage3ScopingStudyOutcomes

I think we could do better than GXY's USD337 (when fully operational) but even at USD350, that's a gross profit of USD200, times 330,000tpa, @ 70c exchange rate, less admin costs of ~$A16m and interest costs of ~$A30m. Gives an EBTDA of $A48m. Barring macro and/or micro catastrophe, I think we'll do much better.

We are currently valued as a Stage 1 operation only.


I wonder if Ganfeng were a bit peeved that 2 days after giving us USD50m to help fund Stage 2, we announced the partnering process?


Won't premium OEMs demand premium product, ie NCM811 batteries? Won't everyone want them and for everything?


Solid state batteries are then next iteration but most analysts forecast they won't have a material effect on the market until the late 2020s.