Higher throughput PLUS higher prices
http://beerandco.com.au/wp-content/uploads/2015/10/PilbaraMinerals_2015Oct06.pdf
51 Cents
■ Tabba Tabba first product now November.
■ On 24 September, PLS announced an increase in Resources, from 23.8Mt, in July, to 52.2Mt, PLUS an increased Exploration Target from 50 – 60Mt to 80 - 90Mt.
■ The resource is the second largest hard rock spodumene resource globally, with potential to be the largest.
■ PLS has had strong interest in off-take, so Beer & Co has increased our estimated throughput, from 1.0Mt/yr to 3.0Mt/yr, by stages.
■ Beer & Co has increased our price estimate for spodumene concentrate, reflecting the strong demand.
beer&co October 2015 (51c)
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