PLS 5.18% $2.93 pilbara minerals limited

Ann: Share Sale Agreement to Acquire Altura Lithium Operations, page-263

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  1. 444 Posts.
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    Hi SF@HC,

    I was unaware that KB had implied that. KB has done a lot right with PLS, so I presume he has something up his sleeve.

    My view was that it seemed odd to have two plants for the same company within a few kilometers of one another that were processing material from the same ore body. I was thinking about the duplication of other operational costs like wages, electricity. transport, etc

    Re - selling the plant, honestly I haven't done any calcs on it, but always thought that PLS was buying what was in the ground and that the plant was a bonus that could be sold for an additional return on investment but that the main payback would be from spod sales. PLS might be able to sell the plant for half its value which could be used for phase 1 stage 2 but that is a guess.

    Cheers, TCS

    Last edited by TheCouchSitter: Quote was deleted when posting 03/12/20
 
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