PLS 1.64% $3.00 pilbara minerals limited

Are my calculations correct anyone? PLS had got over 400 million...

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    Are my calculations correct anyone? PLS had got over 400 million tons. if we mine at 1mil, we have got a long mine life. Is that how it works. Of course we can mine more than 1mil a year. Another way I look at it, if we got a mine life of 50 years we can mine at the rate of 8 million tons.
 
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