PLS 0.35% $2.87 pilbara minerals limited

Good News & Bad News, page-17429

  1. 2,618 Posts.
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    If the lower grade can be produced 'faster', then you're implying that the capacity for the plant has respectively increased, and this should have been announced to the market. As it hasn't been announced, I think you're incorrect.

    If we do achieve increased recovery rate, I think we're looking at an opportunity to increase profits ontop of this quarter, regardless of the increasing spod price.

    As mentioned, our operation is now running at nameplate capacity. We can't squeeze anything else out of our operation, other than to increase the recovery rate.

    Other than that, we wait till P680.

    I'll just add, operating at name plate capacity isn't an easy task. Not only do you have to master your equipment, but you also have to ensure you're mining operation is performing too, And considering AKE's last quarter performance, it isn't easy.
    Last edited by kyle5035: 27/10/22
 
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