PIlbara Minerals is not selling what is it 915,000 tonnes of 6% concentrate shown in the picture. This is completely misleading?
Actual numbers for costs should be shown, not forecast numbers from 3 years ago which clearly bear no reality, yes?
Let us not mention the factored iron ore number on the JORC statement that is clearly misleading as well, no? The whole point of JORC is to make companies comparable, something PLS is making a mockery of, no?
The crux of the matter is, if as an investor you are comfortable investing in PLS then with what I’ve pointed out you need to ask are you being mislead and willingly so? The fall from AUD 1.20 / share to AUD 0.425 / share is because many here are being mislead by clearly hopeful at best statements by PLS that I question as to whether they have any of not no bearing on reality.
You can also add why is PLS spending large $$ on CAPEX to remove iron oxide if factored JORC iron oxide numbers are true?
This appears deliberately misleading, yes?
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