PLS 2.96% $4.18 pilbara minerals limited

not advice but my way of thinking is basically if were making...

  1. 250 Posts.
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    not advice but my way of thinking is basically

    if were making $750 000 000 last quarter , that would equate to $3 000 000 000 pa @580ktpa

    just announced 30% increase on contract prices so now $4 billion ish

    p680 coming soon leading to p1000 so even bigger profits ( of course spod prices can/may dip )

    plus mid stream and up stream projects -more profits potentially
    yes all sorts of costs and taxes yada yada yada

    but anyways if your long term , seems to me ,it will be a dam high return of interest for every share paid , regardless of the price of any shares paid for at current prices

    to me all the noise is from traders etc if they beat it down more I’ll buy more as I can
    I’m long , I’m thinking return from dividends , first payment will be only 20-30% of cash available…. Once they have a certain cash base ,surely a lot of that to be paid out

    - imagine if they had 5 billion in bank , even just 3 billion been paid out in dividends, $1 per share ( it could happen one day ) $1 return for ur $4 share- 25 % return - don’t see that at any bank lol

    you think that they could get it down to $2 a share - I’d take 50% return any day for dividends lol

    just my simple mind lol




 
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