PLS 5.83% $3.07 pilbara minerals limited

I think someone might have posted this before, probably you BF....

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    I think someone might have posted this before, probably you BF. But for what it is worth, I used pages 14 and 17 of the last B & C report in October and rescaled the indicated, inferred, and extension numbers for Pilgangoora to the current resource update figures, and ended up with 97c risked valuation.

    For example in the October report the indicated resource was 7.8MT, whereas now it is 35.7MT. I rescaled the October valuation for Pilg by these proportions for each of the resource categories. I used the same risk weightings as the October report. So I reckon 90c+ is looking pretty good BF.
 
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