PLS 0.37% $2.67 pilbara minerals limited

Ann: Strong Progress at Pilgangoora as Production Ramps Up, page-201

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  1. 9,068 Posts.
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    Agree that was probably unfair. You always try to take a neutral tact where possible whether held/not held.

    Agree that iron is a cost issue. However given they say fines are on spec already and coarse product seems to be more HMS teething issues and was always factored in hence the construction of an iron removal circuit (still being commissioned) I don't expect this to be a major problem.

    I did get a little lost trying to follow your post in the sense that I wasn't sure if you were saying you thought PLS had already factored this in via reduced recoveries or whether you expected higher costs?

    I did mention recently that stage 2 DFS increased processing costs from the stage 1 DFS too so I feel like that probably took into consideration stuff like iron removal.
 
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