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$3.01 pilbara minerals limited

Excuse my laziness, few beers today lol Pls is fully funded now...

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iamagenius

6,552 Posts.

468

18/10/17

18:31

Post #: 28008711
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Originally posted by Pokerface ↑

GBG, my numbers, verified by others I know, suggest this make $1b ebitda per annum at the 5mtpa stage 2 production, which is targetted within 3 years. So, at that level of potential and probable cashflow, factoring in all the risks, but also with consideration to all the positives which surround this Industry and this company, I can actually foresee a $2b market cap pre production. Especially as PLS enters the 200 club!! Someone mentioned FMG hit a $6b market cap pre production, so it does happen.

And consider also that underpinning the market cap, in this instance, is not only future cashflow, but a hard asset, which, when you do the sums, gives you a pretty undemanding $ amount per ton of resource, functional upon how big your view of that is!

So, for me, $2b as we enter the ASX200 and $10b+ when in full swing within 3 years, with the thought that the way things are looking lithium prices could drive far higher plus downstream opportunities could also add fuel to that fire.

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Excuse my laziness, few beers today lol
Pls is fully funded now for stage 2 is that right , so 300k ton of battery grade lithium is the plan ,

PLS Price at posting: 80.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last $3.01		Change 0.040(1.35%)		Mkt cap ! $9.089B

Open	High	Low	Value	Volume
$2.96	$3.07	$2.93	$67.53M	22.43M

Buyers (Bids)

No.	Vol.	Price($)
4	334377	$3.31

Sellers (Offers)

Price($)	Vol.	No.
$2.71	6503	2

View Market Depth

No.	Vol.	Price($)
4	334377	3.310
1	42059	3.240
1	55150	3.220
19	501198	3.170
20	352378	3.160

Price($)	Vol.	No.
2.710	6503	2
2.760	48585	2
2.770	55865	3
2.790	6386	1
2.800	4800	1

Last trade - 15.59pm 03/07/2024 (20 minute delay)

PLS (ASX) Chart

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