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3.83% $2.98 pilbara minerals limited

Agree Binwood, pretty good quarterly. Could have been a bit...

  1. Davo28
    176 Posts.
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    25/01/19
    09:35
    Post #: 37220589
    Agree Binwood, pretty good quarterly. Could have been a bit better eg sale price and tantalum but overall I think as good as could be expected.

    $1000 per tonne is actually pleasing to me given so much commentary in the recent past about the lithium market. With 742USD per tonne we can make a good profit margin.

    When ramp up of total production reaches plan and recoveries reaches plan then total production costs will be lower and by then I reckon we will be making at least $400 profit margin per tonne. Looks pretty good for the future to me.


    PLS Price at posting: 67.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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