PLS 5.00% $2.85 pilbara minerals limited

Ann: FID to Increase Pilgangoora Production Capacity, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 857 Posts.
    lightbulb Created with Sketch. 631
    From the timeline - they will be commissioning P680 when the POSCO JV conversion facility is being commissioned. Not a coincidence.

    Costs are much higher than I thought they would be for P680, compared to this announcement a couple years ago:
    https://1pls.irmau.com/site/PDF/21c3c516-a1cf-49b9-a2fd-ac4a93b8a519/UpdateonPartneringProcessandRevisedStage2

    However it seems a portion of the costs for P680 will actually assist the P1000 project. Therefore the P1000 project might almost be a foregone conclusion (ie. the announcement in December of P1000 is simply a formality).
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.