PLS 2.96% $4.18 pilbara minerals limited

2017 PLS AGM

  1. 2,425 Posts.
    lightbulb Created with Sketch. 2014
    Construction update. How are things going relative to schedule? When do we expect plant commissioning to begin? How long is commissioning expected to last? When do we expect start of "real" production?
    How soon do we expect to reach nameplate capacity? What throughput do you realistically expect 6 months and 12 months after commissioning?
  2. 7,253 Posts.
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    Where does Ken see the lithium price in 2 years and 3 years? That is, both in terms of 6% concentrate price and LCE price. Given the JV's which are planned with downstreaming, the 5mptpa operation will produce around 800kt of concentrate at say $1000/t, and a cost of say $250/t ( all in US$), so a net operating profit/ebitda of say $600mUS/annum, but what does that turn into given those downstreaning JV's. In other words, what is the realistic/probable ebitda we should be doing our numbers on at current prices, given the downstreaming JVs? Does he see a 10mptpa operation as something which will make its way onto the drawing board in the near future.

    Looking forward to the answers!
 
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