PLS 2.46% $2.92 pilbara minerals limited

Citi- SELL rating on PL$, page-49

  1. 88 Posts.
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    Hey mate, how do you work out a $10 valuation? I am all for being positive and optimistic about our SP, but at $10 we are a $30b+ company.

    If you could share any workings instead of mindlessly ramping it would be a lot more beneficial to the group forum! Even when accounting for plantura, stage 2 expansions, resource upgrades, sc6 pricing @$1000/t and downstream ventures I struggle to see how the company will get to $10. Sure I think $2-3 in our mid term future is definitely within site, but would like to know your workings/theory behind some pretty wild claims.

    This forum is for balanced and respectful discussions and debates. If you are going to post crazy predictions then we all expect something to back it up!

    Pap
 
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