PIO 10.0% 1.1¢ pioneer resources limited

Ann: Sinclair mine - offtake update, page-14

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,281 Posts.
    lightbulb Created with Sketch. 148
    no change in the pricing as stated.
    reading between the lines here, but it appears to be an issue with blending of lower grade ore into the higher grade. Not sure about details.
    Seems the company may also be investigating bulk shipping vs containers.
    Since we have new owners based in China, the ore may well be destined for a different port?

    All will be revealed soon I’d imagine, but yes it appears there is a shortfall of 1.5m for now anyway. That looks to be subject to change of the blending process gets sorted (pun).

 
watchlist Created with Sketch. Add PIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.