PLS 3.17% $3.05 pilbara minerals limited

Ann: Appointment of Chief Development Officer, page-19

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  1. 274 Posts.
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    As part of any M&A I wonder if they'll diversify into gold? PLS had an exploration program for gold on their southern leases back in 2020.

    De Grey (DEG) might be an interesting target these days. They're in the same locality (about 60 km away) and have a 10 Moz resource (and growing). Production should be starting in the next 2 or 3 years - the final investment decision for the mine and plant is due by mid 2023. They were talking about a production rate of around 500,000 oz/yr. Another nice cash cow. Just letting the M&A thoughts run free....

    Disclaimer: I don't own De Grey shares.

    All just my opinions

    GLTAH smile.png
 
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