PLS 6.54% $2.86 pilbara minerals limited

Ann: Outstanding DFS Results Support Pilgangoora Expansion, page-38

  1. 1,406 Posts.
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    Nice results in terms of real LOM EBITA looks to be at a $905 sale price in the range of $600mill EBITA, which is astoundingly good.

    Looking at other companies for comparison.

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    (Please excuse the share prices as I made the table for other reference alittle while ago, adjust to todays prices as you please.)

    PLS cranking out $600mill EBITA could justify a multiple of 7 or 8 easily, putting it up around the $5billion range to be fair value and you can go from there, thats a nice kick off point to aim for.

    Not holding personally but can appreciate great figures when I see them.
 
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