PLS 6.54% $2.86 pilbara minerals limited

Can someone please explainPLS2023 profit $2.4 billionMarket cap...

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    Can someone please explain

    PLS

    2023 profit $2.4 billion

    Market cap approx $14 billion

    Pilgangoora mine life 26 years

    26 years x $2.4 billion = $62.4 billion

    You could buy PLS today and get your money back in 5 odd years and then have 20 years of profits

    The market cap of PLS is way way wrong; it should be many many times what it is now


    Yes, I know China is a bit slow at the moment but India is growing

    Last edited by Golden Fleece: 08/09/23
 
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