PLS 2.69% $3.05 pilbara minerals limited

I already did.And ACGM cannot or will not check the facts...

  1. 191 Posts.
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    I already did.

    And ACGM cannot or will not check the facts against the annual report. He/She had the intent to apprise porosity towards the facts....LOL

    Here it is again - just for you!

    http://www.pilbaraminerals.com.au/site/PDF/31d5aeea-03f4-4060-9f0f-c1507981099e/2020AnnualReport

    It is all the annual report, albeit they don’t outlay the conversions for you.

    https://hotcopper.com.au/data/attachments/2856/2856428-4695c08be010f3484f581617d6988a45.jpg


    Operating costs are around $354 -450 USD /wmt* ( im being generous and we will go with $350)




    https://hotcopper.com.au/data/attachments/2856/2856430-a5448713b9e782e0d6bb6357e9fe2276.jpg

    So that is why you see fluctuations in the quarter in addition to things like cyclones covid etc, it makes sense to keep production down if there is no demand.

    NOTE: the figures often leave wmt to dmt conversion out, so you have to work out if it is dmt or wmt and do the math.

    1 m3 of wet sand is roughly 1,6 t or 1600 kg. Aka 1 t of wet sand = 1 t/1,6 t/m3 = 0,625 m3.

    So Total wmt ore mined in 2020 excluding waste was 812,142 @ 500 AU per wmt.

    Total operating costs 2020 - Four hundred and six millionseventy-one thousand! $406,071,000

    Annual report states the below


    In 2020 PLS shipped 12 cargo loads of spodumene concentrate @ 116, 256 dmt
    Sale price was $84.15M

    Total Offtake agreements totals 390,000 – obviously not being honoured


    POSCO 80,000 dmt per annum
    Yibin Tianyi 75,000 dmt per annum
    Great wall 75,000 dmt per annum
    Jiangxi Ganfeng Lithium 160,000 dmt per annum

 
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