PLS 2.60% $3.00 pilbara minerals limited

Valuation at 25c by Beer & Co, page-2

  1. 549 Posts.
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    Beer & Co initiated research on PLS in September 2014.  At that time the share price was 2.5c and our valuation was 10c. Despite the delays to Tabba Tabba, Beer & Co has progressively upgraded our valuation, as we have suggested was possible.   Beer & Co sees further upside potential from :


     Successful project delivery and hence de‐risking;  


     Further upgrades to the Pilgangoora estimate; and

     Reduced costs through lower waste to ore for Pilgangoora, as our analysis assumes 10t of waste per tonne of ore, and Figure 6 shows the potential for a lower ratio. Beer & Co maintains our

    Strong BUY, High Risk recommendation.


    sorry for the awful formatting. These are some highlights
 
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Last
$3.00
Change
-0.080(2.60%)
Mkt cap ! $9.032B
Open High Low Value Volume
$3.04 $3.05 $2.97 $55.47M 18.46M

Buyers (Bids)

No. Vol. Price($)
2 980 $3.00
 

Sellers (Offers)

Price($) Vol. No.
$3.01 39640 5
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