As part of its ongoing moderated production strategy, the Company will utilise its existing stockpiles (including in- pit ore, run-of-mine ore, crushed ore and final product stocks) established prior to the September Quarter to meet customer demand through the draw-down of these stocks at both the mine and port.
Commenting in today's update on partnering process and stage 2, they state 'as above' that they will use existing stockpiles to meet September demand. This will keep costs down (shutting mining and parts of the plant) until demand is needed. I am sure they have run many eyes over the numbers and are confident (as I am) that this is the best approach from the shareholders. I don't think they would have refused an offer if they were concerned about survival.
As part of its ongoing moderated production strategy, the...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |