PLS 4.45% $2.79 pilbara minerals limited

Ann: FID to Increase Pilgangoora Production Capacity, page-11

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    From the timeline - they will be commissioning P680 when the POSCO JV conversion facility is being commissioned. Not a coincidence.

    Costs are much higher than I thought they would be for P680, compared to this announcement a couple years ago:
    https://1pls.irmau.com/site/PDF/21c3c516-a1cf-49b9-a2fd-ac4a93b8a519/UpdateonPartneringProcessandRevisedStage2

    However it seems a portion of the costs for P680 will actually assist the P1000 project. Therefore the P1000 project might almost be a foregone conclusion (ie. the announcement in December of P1000 is simply a formality).
 
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