This is my opinion only without going into calculations. Please don’t take it as advice or base a decision on it, anyone. I’m wrong more than I’m correct.
By the end of December, there should be approximately $2 Bill in the safe. It’s looking like future SC pricing should remain somewhere around where our average price is currently. ($5k)
P1000 with the downstream projects. Downstream should deliver some margin protection if some of it moves back to the processor.
Minimal risk now apart from world events.
My beer coaster calcs put EPS at > $1. I think a PE ratio of 10 for a company such as PLS isn’t outrageous.
You can see where I’m going with my fair value. The only caveat being SC price reducing substantially.
Good News & Bad News, page-16161
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Last
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314863 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 20820 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |