PLS 1.32% $3.06 pilbara minerals limited

Great thread! Always happy to talk yield. Using the latest...

  1. 525 Posts.
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    Great thread! Always happy to talk yield.

    Using the latest research report HERE

    *Production 334kt/pa of 6% spodumene concentrate (2Mt/pa base case)
    *Debt AUD$60M (Part of AUD$184M project capex)
    *Opex AUD$252/t
    *Sell price USD$550/t
    *Assume 75c AUD-USD conversion (USD$550/0.75 = AUD$733/t sell)

    *Profit per tonne = $733/t - $252/t = AUD$481/t
    *Profit per year = AUD$481 * 334kt = AUD$160M

    Assume 50% payback to shareholders:
    *AUD$80M / 1.1B shares = ~7.3c/share dividend.

    If plant is upgraded to 3Mt, then ~10.9c/share
    If plant is upgraded to 4Mt, then ~14.5c/share
 
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$3.06
Change
0.040(1.32%)
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$3.04 $3.12 $3.02 $47.88M 15.58M

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18 321604 $3.06
 

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$3.07 269930 12
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