thanks for the detailed information you have been providing. Recent comments on social media suggest a possible opportunity for PLS to explore the emerging European market rather than relying completely on supply to the Asian market. Theoretically speaking, would the extra shipping distance to market increase the cash operating costs significantly or are the majority of costs up front in the mining stage? Would it be possible to ship our product to future European converters at a competitive cost (CIF)? Perhaps a new pricing structure would need to be arranged for any European Off Take agreements if PLS were to go down that path.
Ann: December 2020 Quarterly Activities Report, page-118
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$2.89 |
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