PLS 3.17% $3.05 pilbara minerals limited

Good News & Bad News, page-45575

  1. 122 Posts.
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    Greenbushes is a tier-1 asset. Not sure what that has to do with PLS which is insanely overvalued and running at a grade of about 1.3% which is far from a high-grade lithium asset.

    IGO which partly owns Greenbushes and which on an attributable basis is running at less than half the valuation of PLS. So that is a good case for IGO - which I believe Goldman has a buy rating on, unlike PLS which they are shorting to the ground.

    Good comparison for why PLS is such a poor investment.
 
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