PLS 5.84% $2.90 pilbara minerals limited

Good News & Bad News, page-12092

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    The Americans are coming, well done LTR management, 150k offtake and $300 mill debt funding.

    Impressed with PLS costs, lower than I anticipated, 130k dmt shipped, records cash balance, thus its a walk in the park to push through $1 bill cash in Sep quarter. Now, who is going to come looking for spare capacity from P680 and P1000, in the form of midstream product. Well done team PLS, which do not require funding, thus can drive a harder bargain with future offtakes. Waiting for the media get hold this news, meanwhile maggots aplenty...
 
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