PLS 2.33% $2.94 pilbara minerals limited

LG Chem, page-37

  1. 12 Posts.
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    The pre-commissioning period is traditionally a shorters playground. The vast majority of major projects, be it construction, IT, civil engineering all face slippage in their project schedules at some point in time. Delays (minor or otherwise) are not uncommon. Let's not pretend we don't face these risks with our current mine build. Instead, let's understand it for what it is and know that a delay of 4 or 6 weeks would be, in the scheme of things, immaterial. If an announcement were to come out that commissioning has been delayed by a month or so, no doubt the shorters will pounce. Let them pounce, and if you have the funds, use any share price weakness they create to top up. It will only be a short term blip. If we miraculously deliver the project to schedule, then enjoy watching them burn. It's a win/win situation.
 
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