PLS 0.61% $3.29 pilbara minerals limited

Ann: FY22 Annual Financial Results Announcement, page-109

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  1. 1,047 Posts.
    lightbulb Created with Sketch. 299
    The company will not crumble ! pleeze dont write such nonsense. I'm certain the Board, Dale, Brian and all will take it cautiously and could at first [2023] announce a very modest dividend that will be very manageable. A simultaneous share-buy-back on the cards.
    But it isnt hard to imagine all the other expansion possibilities that could be chosen instead. I'm sure a case could be made to takeover a wannabee, or diversify to other metals or build a battery chemical processing plant, even as jv with other Auzzie miners.

    A lot of holders have large numbers of shares, and even a 5cent div will yield many folks a reasonable amount of cash.
 
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