PLS 5.69% $3.16 pilbara minerals limited

Ann: Substantial Increase in Mineral Resource, page-84

  1. 3,612 Posts.
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    Thanks, more than 40 likes just for saying that I had bought in. Not a bad crowd this. But I owe some content for the punters.

    I have been reading what I can about lithium and the various players. I was not a fan of the PE for PLS- personal preference- but finding it more compelling the more I read.

    There are plenty of miners/explorers with deposits- but very few will become profit making producers- the barriers are high- very high.

    This has reasonable numbers- already money making- well located to port when transport is an important cost here- low debt- and today's numbers point to some upside.

    IMHO DYOR

    NB, I will not be offended if someone wants to disagree.
 
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