DSO sales targeted to commence from April 2018 following progression of further discussions on logistics and sales arrangements with a reliable customer to support an initial DSO program of ~1Mt over 12 months.
• Minor additional capital investment of $4.5M intended for road improvements to support larger truck formats that add value both to the DSO program and ongoing concentrate exports.
• Pilgangoora Stage 1 CAPEX updated to $274M, reflecting proposed EPC contract acceleration costs, scope changes at the Company’s direction (including exclusions and inclusions) and further investment to add value to the final Pilgangoora concentrate quality.
• Pilbara has committed to additional works at Pilgangoora that support the near-term Stage 2 development including additional bulk civil earthworks, engineering and owner’s costs, resulting in an additional $5.5M capital expenditure. This will ensure that Pilbara can move swiftly to capitalise on growing global demand for lithia raw materials.
• Additional capital investment is expected to be funded from existing sources including project contingency, management reserve, previously raised equity capital, along with DSO product sales and product pre-payments.
- Forums
- ASX - By Stock
- Ann: Pilbara Progresses DSO and Updates Capital Forecasts
DSO sales targeted to commence from April 2018 following...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B |
Open | High | Low | Value | Volume |
$2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 163532 | $2.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.87 | 44591 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 66953 | 2.860 |
42 | 150873 | 2.850 |
15 | 58401 | 2.840 |
6 | 44569 | 2.830 |
14 | 151890 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.870 | 10000 | 1 |
2.880 | 6993 | 1 |
2.890 | 32896 | 5 |
2.900 | 27500 | 4 |
2.910 | 93812 | 9 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |