PLS 0.75% $4.01 pilbara minerals limited

The way I read it the plant is running at 100% capacity at 270...

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    The way I read it the plant is running at 100% capacity at 270 TPA, the Spod is meeting customer requirements but the recover rate is running at around 80% of expected plant specifications as we speak, hence Spod concentrate production is below plant specifications but on the improve and production costs will be a little higher untill sorted...basically normal ramp up type issues that will be sorted, and is best done before embarking on the next stages so as to include any improvements discovered....

    Cheers Whisky

    "The Company is declaring commercial production due to sustained performance across the following key production criteria:
    • Production – spodumene concentrate production has remained steady with production trending towards design capacity;
    • Feed-rate – process plant feed-rates have achieved plant design requirements of 270 tonnes per operating hour and will continue to do so into the future;
    • Product Quality – product quality has achieved, and will continue to achieve, customer specification requirements;
    • Recovery – average recovery rates achieved are stable, albeit below the planned recovery curve due to the longer commissioning period of the process plant, as well as specific process plant issues experienced during the March quarter which have now been largely rectified."
    Last edited by Whisky49: 31/03/19
 
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