PLS 2.22% $3.09 pilbara minerals limited

Ozblue, The pontificating is not helpful. Blind Freddie could...

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  1. 1,860 Posts.
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    Ozblue,

    The pontificating is not helpful. Blind Freddie could see there were issues with the plant. Two months after full production was scheduled, no announcement. Seems a lot of people knew and I think it's already been factored in to the share price to a point.

    It is minor in the overall scheme of things but in my view the Company needs to explain why they invested in a project with an 18 month life. Diabolical decision which is being confirmed now. With such a short mine life if anything goes wrong at all you are going to be under the pump.

    Luckily we have Pilgangoora otherwise it would be a body bagger rather than a 20 bagger.

    But we move on...hopefully with some valuable lessons learnt. Looking forward to Ken B getting into the seat and the upcoming news from Pilgangoora which will put this sorry episode in the shade.
 
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