PLS 4.45% $2.79 pilbara minerals limited

Upcoming Sept 19 Quarterly

  1. 31 Posts.
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    Lets discuss the upcoming quarterly.
    In anticipation of the Sept19Q results can PLS pull a TSLA and surprise everyone to the upside?
    We cant completely rule out news of the processing plant rectification works going to plan with improved product quality and increased recoveries demonstrated? I know production has been moderated so I'm not expecting tonnes of good product however a sign that the LIMS installation and other works are having positive effects would be great to see. Production can then come back on-line to meet Dec Q guidance.
    I'm not overly focused on sales for the quarter as I know shipping guidance was low and I believe this is already priced in. I'm guessing it'll come in at ~20kt which was all fed primarily from stockpiles so maybe not the best stuff? Does anyone have any better estimates as to tonnes shipped in the quarter? I note @nightflyer alerted us to a few shipments? Further we all know the pricing is going to be very average based on peers published data - hopefully its at/around the US$600/t mark.
    I remain optimistic as to what the coming months will bring. The lithium pricing trend will hopefully reverse and PLS will hopefully come closer to its DFS operating cost/tonne with its focus on improving the plant in turn share price recovering.
 
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