PLS 1.32% $3.06 pilbara minerals limited

Lithium Stock Comparison - Updated

  1. 496 Posts.
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    Hi all,

    The sector has all moved which is great news for all lithium stocks.

    So are we over valued yet ? My short answer is no.

    Tianqi Lithium Mkt Cap is AUD 9.4 billion. 7.2mt (resource) + 4.3 mt (reserve) but they only own 50%  (Greenbushes) ~ 5.75 MT attributable to Tianqi Lithium.

    Hence EV / Resource is 1,634 so...


    How is everyone looking relative to this number

    Based on below  - using resource value where are the potential gains

    **please remember this is a resource comparison - does not take into account income / cash at bank / cash burn / etc / etc - that you should also consider**

    1. and have 100% relative upside potential

    2. has 300% relative upside potential

    2. has 400% relative upside potential - using resource value.


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    New drilling and new resources for example will add to resources and make that company's numbers better again.

    Best of luck all, I personally think the best is yet to come.
    Super Ninja !


    DYOR
 
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