PLS
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3.86% $2.74 pilbara minerals limited

Poor investor relations performance?, page-58

  1. binwood
    9,046 Posts.
    lightbulb Created with Sketch. 3916
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    09/06/16
    21:54
    Post #: 18000806
    Yes the PFS says 330ktpa of spod so I know you are using quoted figures.

    But that number doesn't make sense to me. The same document says expected strip ratio for the first 5 years is 2.87:1, so to me that means PLS should be producing 2,000/3.87 = 516kt of spod for a 2mt plant.

    Can someone smarter than me explain this discrepency/what I have got wrong. Maybe @blastfurnace wheelhouse?
    PLS Price at posting: 68.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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