PLS 2.23% $2.98 pilbara minerals limited

It’s only ~$250m for stage 1. PLS could pay in staggered cash...

  1. 9,720 Posts.
    lightbulb Created with Sketch. 5162
    It’s only ~$250m for stage 1. PLS could pay in staggered cash payments if they wanted to.

    The outstanding offtake process went from 30 parties down to a short list of four and my very good understanding is that the four parties were each willing to pay approximately $100m in cash prepayment for approx half of stage 1 output.

    So if PLS wanted to, they could very easily sign an offtake and the balance of capex (~$150m) could just be paid in cash.

    Colina is the best hard rock development asset in the world for a reason - capex is next to nothing and future opex may end up cheaper than Pilgangoora (AISC basis).
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.98
Change
0.065(2.23%)
Mkt cap ! $8.942B
Open High Low Value Volume
$2.96 $3.02 $2.93 $41.86M 14.11M

Buyers (Bids)

No. Vol. Price($)
54 281346 $2.97
 

Sellers (Offers)

Price($) Vol. No.
$2.98 142010 68
View Market Depth
Last trade - 15.06pm 30/08/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.