PLS 1.37% $2.88 pilbara minerals limited

Perhaps I am being too cynical here, but I think there could be...

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  1. 444 Posts.
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    Perhaps I am being too cynical here, but I think there could be more to this than expected. The decision to terminate its arrangement with Nagrom would not have been taken lightly and to disclose that the company is considering legal options for cost recovery also suggests that the relationship with Nagrom is soured beyond recovery.

    All this action for what is considered to be minor repairs and modifications seems overkill. That is unless, PLS have just had enough of the delays and problems with getting the plant operational that have occurred over time.

    Let's hope that some (if not all) of the costs can be recovered and if the relationship with Nagrom is beyond repair that the process to terminate the relationship is a swift one.

    Cheers, TheCouchSitter
 
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