PLS 2.07% $2.36 pilbara minerals limited

Ann: Pilbara Progresses DSO and Updates Capital Forecasts, page-6

  1. 7,132 Posts.
    lightbulb Created with Sketch. 846
    This is mostly GREAT news, earlier cash flows from DSO can anyone give us a ball-park revenue from 1mt p/a of DSO?

    Bad news: Capex for stage 1 has already blown out by 17% and that is a worrying number. Yes some if that is to facilitate the DSO plus set up for stage 2 and the overall total of $274m is not obscene.

    But if blowouts in the vicinity of 15%-20% are going to become a regular thing, the market will go sour on PLS.

    Very happy.
    Last edited by SuperWealthy: 13/12/17
 
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