Reply received from PLS. Regret that I'm unable to copy and paste the content because: "We appreciate you touching base and please treat our correspondence as private."
But I can say without breaching confidentiality that I am reassured by PLS' explanations to the three points raised in my email.In conclusion: I am satisfied with the overall reply and am confident of PLS' shiny future. So, I am maintaining my position of Buy & Hold.
- I believe that there is no preferential selection of ore feed, just the regular ore stock is used.
- The PLS vs AJM plant engineering technicals are beyond me, other than my understanding that it is in the optimisation process, which has been specifically designed for PLS' ore type; and the planned improvement is definitely "getting there".
FUD'ers will unlikely agree and will want to nitpick some details out of context just to keep criticising ad nauseum. But that's how the world works.
All the best.
P.S.: Thanks, Ken and the Team!
Ann: Plant Performance Update, page-170
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Last
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314863 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 20820 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |