@ panda7
Let´s make numbers to check your claim.
Sounds fair?
Check out the presentation from May 11 2021 slide 15.
PLS mineral resource 223 Mt
ALO mineral resource 46 MT
Total combined: 269 MT
That excludes the possible increase from the drilling of the sterilized boundary area between PLS and former ALO. Resource update announced for Sep 2021 (Ann from 23.06.2021)
Stage 2 Pilgan + Ngungaju = 680tpa spodumene
Ore mined to spodumene roughly 9:1 (check last annual report ore mined 812.000t, concentrate produced 90.000t)
That means PLS needs to mine 9 x 680.000t ~ 6.000.000 t of ore
Life of mine at that production rate = 269Mt / 6 MT = 45 years
So your claim is plain false. And the resource increase from the tenement boundary is going to add a few years extra.
Discl: Very long PLS .... and very happy with it. (Sold roughly 1/3 on the way up between @0,91, @1,16 @1,28 and @1.56. remaining position is free carry)..
- Forums
- ASX - By Stock
- PLS
- PLS chart
PLS chart, page-1812
-
-
- There are more pages in this discussion • 20,420 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B |
Open | High | Low | Value | Volume |
$3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 815921 | $3.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.08 | 309816 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 195171 | 3.060 |
50 | 157222 | 3.050 |
9 | 32502 | 3.040 |
15 | 74596 | 3.030 |
14 | 32496 | 3.020 |
Price($) | Vol. | No. |
---|---|---|
3.090 | 400231 | 3 |
3.110 | 17026 | 2 |
3.120 | 19982 | 6 |
3.130 | 28145 | 4 |
3.140 | 28903 | 5 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online