PLS 0.69% $2.90 pilbara minerals limited

Ann: Binding Terms Agreed for POSCO JV, page-46

  1. 178 Posts.
    lightbulb Created with Sketch. 31
    No doubt short term pain (hoping this is the last quarter before at least a break even Dec quarter, but should be slightly better than that if we can sell at least the $65k).

    Can I confirm if this is correct - when we are going at full pace in however long, $315kpta at a margin of $200 USD will give us a gross profit of around $90m AUD from POSCO alone?

    If you are under 60 and can hold for 10 years, why is everyone carrying on so much? Set and forget and you’re laughing.
    Last edited by JackDean: 27/08/19
 
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