PLS 2.93% $3.15 pilbara minerals limited

2024 EOY Prediction $12.50, page-38

  1. 392 Posts.
    lightbulb Created with Sketch. 891
    Under your assumption

    SPODUMENE - 1,000,000 tonnes x ($2,000 - $450) USD margin = $1.55b USD.
    HYDROXIDE - (43,000 x 30%) x $25,000 USD margin = $322m USD.
    TOTAL REVENUE $1.87b USD

    Converted to AUD at 65c = $2.88b

    After tax = $2.02b NPAT

    Payout ratio of 50% after all capital/ growth expenses paid for is $1b or 33c per share. (I would expect increase in payout ration after P1000 complete).

    Does all of this justify a $10 share price, a valuation of $30b? That is the question. PE multiple of 15 (high for mining, but is a specialty business) and a dividend yield of 3.3%.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.15
Change
-0.095(2.93%)
Mkt cap ! $9.525B
Open High Low Value Volume
$3.19 $3.20 $3.10 $44.66M 14.03M

Buyers (Bids)

No. Vol. Price($)
33 194625 $3.14
 

Sellers (Offers)

Price($) Vol. No.
$3.15 276856 57
View Market Depth
Last trade - 11.29am 17/06/2024 (20 minute delay) ?
Last
$3.14
  Change
-0.095 ( 3.13 %)
Open High Low Volume
$3.17 $3.20 $3.10 3799666
Last updated 11.49am 17/06/2024 ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.