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3.44%

$3.01 pilbara minerals limited

Let him have his moment of excitement. It's been a pretty rough...

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ibuybulion

4,905 Posts.

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14/10/16

09:36

Post #: 19852961
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Originally posted by stardestr0yer ↑

Why is this so amazing... "The order of these long-lead items will put the Company on track to achieve its targeted schedule of commencing commissioning from late 2017."

“This is another very positive milestone for the Pilgangoora Project which shows that we are putting all of the required elements in place to meet our construction and development timetable. This is an exciting time for Pilbara as we gear up to commence development of one of the more significant new resource projects in the State.”

So we are getting excited about the company making a purchase order to meet a commitment it stated it would meet ages ago?

Unless we receive news that we are going to produce ahead of schedule, I see no reason why this is such great news. Too many people who own this stock on HC seem to jump on any price sensitive announcement and think that it should shoot up the stock price imminently. To be honest I do not even see this as being price sensitive and more of an operational update.

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Let him have his moment of excitement. It's been a pretty rough few weeks.

PLS Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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Last $3.01		Change 0.100(3.44%)		Mkt cap ! $9.064B

Open	High	Low	Value	Volume
$2.93	$3.02	$2.83	$89.14M	30.38M

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No.	Vol.	Price($)
10	245889	$3.00

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Price($)	Vol.	No.
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3	226821	3.000
2	4303	2.990
2	146904	2.980
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3	8200	2.950

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3.020	299274	25
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