Ann: Pilgangoora Resource Upgrade-PLS.AX, page-59

Hi nicholls5,

As an investor it's logical to assess both positives and possible negatives, not sure why this would 'amaze' you, but each to their own.

We knew the resource upgrade was imminent, and we knew it was going to be big.

I'm looking for new information that will drive the SP in the future. The market is forward looking and reacts best to new positive information.

The announcement specifically stated 2Mtpa in the DFS, and past comments from company representatives have stated the DFS CAPEX will be similar to what was reported in the PFS.

This points towards 2Mtpa in the DFS. As the capacity of the plant is always being discussed, and people are bullish the DFS will report a higher figure, it's a valid topic to touch on.

IMO the strongest value driver for the share would be increasing capacity, and offtakes for this increased capacity.

If you want to read cheerleader opinions only and don't like discussing possible negatives, put me on ignore.

Cheers!