Stranger things have happened than this so would not rule out Twiggy looking over his shoulder at PLS if the lithium demand curve operates the way that many of us believe it will.
On the subject of the new appointment this is simply sensational. Not only do we have a Ken as CEO who has operated at the small end (marginal producer which must be lowest possible cost) of IO in the Pilbara but now we have a director who has operated at the big end of IO operations in the Pilbara. FYI in case you don't know but FMG under our new director have not only slashed their operating costs by around 75% but have also exceeded the operating nameplate capacity of their plant which is 155m tons p.a.
Heaven help KB and his team if they underperform because the new director will not be listening to ANY excuses. This is a great move having another miner on the PLS board. We are on the cusp of becoming a mining company and the Geos are being replaced by miners. It is a natural transition but rarely does this happen so seamlessly. I take my hat off the early directors who have retired from the board and moved onto new challenges.
Extremely good news for all investors IMHO.
Chrs W2
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