Good News & Bad News, page-13809

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It's Me Again

After earning call, There are couple analysts (McQ and CG) upgrade on PLS share price target/ expectation. I do expect other analysts will follow. Will keep an eye for you guys

Below is one analyst from Seeking Alpha who has five-year target price of $28 for PLS

If PLS hit $28, I would buy big mansion and everyone is invited for free flow Penfold Grange, Leroy and DRC wines

Enjoy Reading

Summary and PDF attached below.

" To conclude, Pilbara Minerals has the potential to provide investors with outsized returns overthe next five years as it expands production and participates in the rising global demand forlithium batteries for electric vehicles. In taking a more conservative view of Pilbara's stock, thecompany would only have to grow 50% in revenues, not 93% as projected, over the next fiveyears and the stock to trade at a multiple of 30 times earnings (instead of the current 71 P/E) forthe stock to double for investors. Yet, Pilbara has the potential to reward investors with 10x theirinvestment and be a rarified tenbagger."


Pilbara Minerals: A Pure Play Lithium Miner.pdf