PLS 5.69% $3.16 pilbara minerals limited

Good News & Bad News, page-8309

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    So basically you have come up with a FY production target that is a figure that is approximately double what they produced in the first 6 months.

    Let’s humor you and say it is so. We’ll do the sums on that.

    So first 6 months production was 85759 + 83476 = 169235

    we know US $2500 is approx what we expect for price.

    x that by approx. 1.4 exchange = approx revenue of $592 million.

    Take out production costs of $120 million and cash flow is $472 million.

    I’ll take that. Better than a poke in the eye with a blunt stick.

 
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