PLS 1.67% $3.05 pilbara minerals limited

10 million t/pa mine, page-8

  1. 7,292 Posts.
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    They will well and truly be contemplating the possibility of a 10mtpa operation which would produce around 1,760,000t of concentrate worth around $1.76b US at current prices (which are set to rise!), however, any move to that level of production will clearly be measured. Once they are at nameplate on the 2mtpa, they will quickly move to 5mtpa. As that proceeds, market conditions will obviously guide their next move. It all looks incredibly promising. The guru commentators are all saying demand will outstrip supply for 3 to 5 years, and that is probably being very conservative. It's a perfect storm and if the A$ drops to 65c as predicted by some, even better!! This has the potential to be an incredible ride! Go Ken and the team!!!
 
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