PLS 1.23% $4.11 pilbara minerals limited

Huge selloff, page-3

  1. 833 Posts.
    lightbulb Created with Sketch. 138
    Yep a fairly big sell off

    We have to be impartial and not get bought into overhype like AVZ holders

    Maybe a MC of $900 million is too high for where we are?

    I think fair value is in the 700-800 Million range and will creep as we get closer to the following events

    DFS for 5mtpa
    Commissioning of Plant
    First Product on ships
    First $
    Francisco Drilling program

    This is a 1-1.5 billion dollar company this time next year

    That is how my valuation is currently going, buy now you might be paying at a premium to a value? but it will definitely be in the black in 12 months time!
 
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