PLS 1.23% $3.22 pilbara minerals limited

Ann: Final Investment Decision for Mid-Stream Demonstration Plant, page-15

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    Great news but i just can't get excited with the timeline

    Table 3 – Mid-Stream Demonstration Plant key milestones
    Key project milestone Target date
    Complete detailed engineering March Quarter 2024
    Construction commencement June Quarter 2024
    Commence concentrate processing commissioning March Quarter 2025
    First lithium salt produced June Quarter 2025
    Ramp up to steady state production March Quarter 2026

    Following successful commissioning and upon achieving steady state production, it is
    anticipated that an assessment over a 12 to 18 month period should determine the technical
    and commercial performance of the technology.

    At least Mid to Late 2027 before deciding to build a full size calcinator. A year to build and ramp up, we're looking at around 2030 before any serious revenue from this.




 
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