PLS 4.38% $2.84 pilbara minerals limited

Ann: Development Drilling Delivers More High Grade Results, page-41

  1. 588 Posts.
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    in ground , it is worthless

    At the moment our Market Cap is around 600mill . Hardly worthless .Thats very high for a non producing miner . So , mr market thinks we have potential . Plenty of it , and thats great, if your a holder .

    boa 's may move the SP

    Everyone here knows we have an upcoming BOA just around the corner . A fat up front payment of say 50mil will move the SP . Upwards . Yes , we dont know the number , but it will be higher than Gl 's 18mill . So , fingers are crossed .

    Its good to see other companies in our sector moving a little higher lately . GXY , is to announce pricing for their low grade spod soon , and if it goes for 800 per tonne , it will augur well for all lithium players , and may help our SP .

    I think our DSO was the deal of the year for PLS so far , yet as usual , no pricing was forecast and our SP to around 56c . Also our great deal with GL , the pricing mechanism to sell our spod is confidential .
    Unfortunately we wont find out till 2018 . Im guessing the pricing is a cracker for PLS , and would urge KB to tell mr . Market the finer details . Good question at the AGM , for maybe someone to ask .

    Your post is a good read and PLS is definitely @Born2run . Baby , we were born to run .

    Cheerio , gtc
 
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32 456378 $2.84
 

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$2.85 101000 2
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