Great post addressing each of his IMO nonsense claims.
Thereto, add tin which is not including in the DFS and transport cost over life of mine will only improve.
As for price of SC6+ used in DFS as we are not producing and Andy suggesting or implying is low, imagine if current pricing remains at these levels or even falls further, for at least another 1.5 -2 years, I seriously believe PLS wont be in the hands of current SHs (I.e. as in will bought will out at distressed pricing (debt trap) and /or even restructured and/or even risk of going into bankruptcy).
Andy, all you have to do with PLS is some 2 year cash flow analysis, worst case scenarios based on current Li prices. Next 2 quarters will definitely provide further insight whether increased risk or not.
All In My Opinion only !!
- Forums
- ASX - By Stock
- AVZ
- Reality Kicking In
Reality Kicking In, page-137
-
-
- There are more pages in this discussion • 9 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 AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online