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$3.88 pilbara minerals limited

Ann: March Quarter Operations Update, page-63

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03/04/20

09:35

Post #: 43855286
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Originally posted by Cuixot: ↑

From Dec. quarter report. SC6 stock held= 25,730 dmt
From March update : SC6 stock held= 10,150 dmt and 33,893 dmt shipped.

Hence SC6 production during the March quarter has been around 18,300dmt; this is 25% higher than the SC6 14,711 dmt produced in Dec.

Compared with the previous quarter, March Quarter has seen similar sales of SC6, 50% lower TC sales , and 25% higher SC6 production, however we have seen a net cash production... we need to see the quarterly report to have the whole picture, but it looks promising.

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Excellent point (re production) Cuixot. Some on here would have us believe, PLS is only running down old stock.

PLS Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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