PLS 2.08% $2.95 pilbara minerals limited

Tabba Tabba, page-80

  1. 3,206 Posts.
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    I believe that Tabba Tabba will come online if nothing more than to prove that management are able to bring a mine online. Remember that the rights to Strelley have not yet been released by GAM and they would be reluctant to release it to a party that has trouble in mining. Further, Tabba Tabba is still a viable mine and the majority of the capital had already been spent. My understanding is that upon commencement of operations at Pilgangoora, it may be more financially productive to shut down Tabba Tabba and focus all attention to Pilgangoora as the net revenue would be higher.
 
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