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3.37%

$2.76 pilbara minerals limited

Ann: March 2022 Quarterly Activities Report, page-54

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Califfatore

11 Posts.

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28/04/22

11:45

Post #: 61067773
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Originally posted by bigal36: ↑

More relevant is how did the fin review miss the bit about them managing to recruit an additional 90 staff.

They warn about further possible short term covid outbreak pressures but to say they warn of staffing pressures in a bit misleading.

"Strong progress continued to be made by the Company in its ongoing recruitment campaign to support its operational expansions. Despite the current extremely competitive labour market in the resources sector, 90 positions were recruited to join Pilbara Minerals’ workforce during the March Quarter. The main focus of recruitment for Pilbara Minerals has been personnel to support the Company’s owner-mining fleet (which was increased by an additional 81 positions in the March Quarter) and the additional operating and maintenance labour for the Ngungaju Plant.

As a result of this recruitment campaign, the Company’s employee numbers increased by 15% in the March Quarter and 121% over the last twelve months with a total of 339 employees as at 31 March 2022"

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I agree, misleading is the right word. Why though? Are we missing something here?

PLS Price at posting: $2.70 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.76		Change 0.090(3.37%)		Mkt cap ! $8.311B

Open	High	Low	Value	Volume
$2.70	$2.81	$2.69	$51.92M	18.83M

Buyers (Bids)

No.	Vol.	Price($)
13	69316	$2.75

Sellers (Offers)

Price($)	Vol.	No.
$2.77	196948	3

View Market Depth

No.	Vol.	Price($)
13	69316	2.750
8	603338	2.740
6	64822	2.730
5	67617	2.720
5	58153	2.710

Price($)	Vol.	No.
2.770	196948	3
2.780	5400	3
2.790	204013	8
2.800	548988	11
2.810	199362	11

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