PLS 5.00% $2.85 pilbara minerals limited

Spodumene Prices, page-4858

  1. 14,167 Posts.
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    @asb83
    I use the gold miners method of valuation ie all in sustainable capital costs as opposed to cap ex for expansion
    All in sustainable cap ex would cover "maintenance"
    I think admin comes under operating costs CIF doesn't it?
    But any case, you are not paying for profits at this stage in the game, but rather that pile of cash ($1.6bn) that gives PLS the capacity to develop it's mines with infrastructure, do exploration etc where most don't have that option eg MIN
    Last edited by kennethgalbraith: 06/09/24
 
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