Very good news indeed!
PLS is now significantly de-risked from both a financing and technical/operations perspective. Last qrt cash flow was driven by selling stockpiles - a much more impressive result this qrt with almost break-even after stock/currency movements and loan capital repayments are backed out.... especially considering the moderated production rate.
The lower interest rate + two years grace on capital repayments that comes with this refinance should ensure PLS stays about cash flow neutral at current prices and operational performance/utilisation. Averaging US$450/dmt costs with a period at US$350/dmt certainly indicates that operations are getting much closer to the promise of this project.
Good luck holders - I'll do some calcs and may then join your ranks again.
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- Ann: Pilbara Secures New US$110M Finance Facility
Very good news indeed!PLS is now significantly de-risked from...
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Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B |
Open | High | Low | Value | Volume |
$2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 716181 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 235000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 716181 | 2.970 |
17 | 980156 | 2.960 |
6 | 981379 | 2.950 |
12 | 664803 | 2.940 |
9 | 184129 | 2.930 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 235000 | 1 |
2.990 | 457316 | 4 |
3.000 | 118406 | 13 |
3.010 | 116981 | 9 |
3.020 | 1778932 | 26 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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