PLS 1.32% $3.06 pilbara minerals limited

Ann: Pilbara Minerals Equity Capital Raising, page-151

  1. 10,622 Posts.
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    Baba, in any announcement you can pick negatives. The fact is that given the state of the industry, this is a good raising and backing from the biggest player. We are criticised by non holders, mostly from the Congo on our OPEX or mine performance. Its an easy target as all mines that is barely a year old has it problems. The critics don't have their own mines, they have a piece of paper with some scribbles what they think their OPEX is etc. I prefer to fix the mine operations now, while we are in a dull state of the SPOD requirements, than trying to fix it when we need to fire on all cylinders.
 
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