PLS 3.83% $2.98 pilbara minerals limited

Ann: December 2023 Quarterly Report Advisory, page-21

  1. dt7
    2,857 Posts.
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    Back of the envelope, rather conservative….at spod sale of 1000 usd a tonne, say 200 clear, and we sell 68000p t, that equates to around 4c a share earnings on 3B shares, or just over 6 Ozzie cents. At a 30% payout that is at least 2c a share div.

    What is really cool is the upside…..add say just 200 to the sale price and redo the calcs.

    Leverege.
 
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