PLS 0.00% $2.85 pilbara minerals limited

You are correct - PLS is a stupendously well run Company.Still...

  1. 397 Posts.
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    You are correct - PLS is a stupendously well run Company.

    Still $1.8b in the ban with only the following to be paid out of the bank account to get to 1,000 TONNES PER YEAR:

    P680 Project Cost (revised 21/12/22)$404,000,000
    1P1000 Project Cost$560,000,000
    2

    3Less: Expended in 2023 FY-$138,000,000
    4Less: Expended in Sep 23 Qtr$-
    5Less: Expended in Dec 23 Qtr-$120,000,000
    6Less: Expended in March 24 Qtr-$110,000,000
    7

    8Less: Expected Remaining in 2024FY-$285,000,000
    9

    10Remaining for 2025 FY$311,000,000


    $311m, whilst having $1.8b in the bank.

    All of this whilst the likes of CXO etc not being in a position to make $1 of marginal profit per tonne.

    We make money for every tonne produced, and in 14 months will be making 1,000,000 tonnes. Do the maths.

 
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