PLS 5.44% $3.13 pilbara minerals limited

Future share price

  1. 28 Posts.
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    Hi All, first time poster, long time pls holder. Wondering if my calculations would be correct in calculating the future pls share price based upon Kens interview.

    - $600 profit/ton ore
    - 5mil tones annually (upgraded plant)
    - $3 billion p/a

    Based upon a PE of 20 (GXY) would indicate a market cap of 60 billion?

    $60billion \ 1.5 billion shares on issue = SP of $40?
 
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