PLS 0.67% $2.98 pilbara minerals limited

Ann: Quarterly Activities Report, page-10

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    Produced 14,711 tons @5.91% Li2O.
    $32.9M on operating costs at the Pilgangoora Project, inclusive of $13.1M of costs incurred on prior quarter activities (but paid in the December Quarter);

    Operating costs: ($32.9m - $13.1m) / 14,711 tons = A$1,346/ton x 0.673 = USD$906/ton

    USD$906/ton is far from targeted USD$320-350/ton.

    DYOR.
 
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