PLS 0.37% $2.67 pilbara minerals limited

News from another Australian Li mine "near" production is that...

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    News from another Australian Li mine "near" production is that they pre-sold 60,000 tonnes of 5.5% Li concentrate at USD600/tonne with 50% payment upfront at the end of this month - and production starting July/August.

    That is great and big news for the whole sector. Whilst it is expected to obtain such prices on the market now - previous feasibility studies have used USD450/tonne. Certainly should set a revision/benchmark of PFS numbers due soon!!!!
 
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