PLS 5.69% $3.16 pilbara minerals limited

Good News & Bad News, page-10064

  1. 416 Posts.
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    If the spod price holds around $5000 until 2023, then:
    At the end of 2022, we will have close to 2 billion cash and 680k production capacity
    At the end of 2023, we will have more than 5 billion cash and 1000k production capacity

    Current market cap is 7.7 billion, minus 5 billion we get 2.7 billion. That means, a spod price of $700 after 2024 is more than enough to support current market cap.

    Anything higher than $700 after 2024, is what you will make if you hold two more years, plus POSCO and Calix.
 
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