PLS 5.83% $3.07 pilbara minerals limited

Good News & Bad News, page-625

  1. 333 Posts.
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    Thankyou @GetStuffDone for posting and agree @druiner this is brilliant and a must see for investors.

    Ken re the Partnering Process ....

    "Pretty happy with the engagement that's come out of the process. The industry understands the significance of the Pilgangoora mine site, its scale, its location, fantastic mining jurisdiction here in Western Australia, so with all that as a backdrop, it has absolutely attracted the right level of interest. We can't guarantee there's a deal, but we are happy with the counter parties that are involved in the final leg of the process, so we will see how we go in the course of the next month or two."

    "There's really only 4 big material base load mines in lithium raw materials in W.A. ... [Pilgangoora, Wodgina, Greenbushes, Mt Holland] ... that are the mines that have got a massive resource base, the mining scale, the capacity to create very large processing facilities over tome ... [100,000 LCE] ... there is really only those 4 mines that go for decades, 20, 30, 40 years ... but Pilgangoora is the only one left that's independent, the other three are now owned by majors in some way, shape or from."

    Sounds to me like there is a short list of final bidders, and its competitive.
 
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