PLS 0.69% $2.90 pilbara minerals limited

Looking forward: facts about PLS, page-17

  1. 2,524 Posts.
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    A low SP maybe because a capital raising was done at a too low a share price ?
    I think alot of people need to CTFD
    Yes PLS has alot of potential but at the moment they are still an exploration company with risks with building a mine theres still cost blowouts , delays , weather , overburden removal then working out what blends of % from different areas of the pit produce the best concentrate ect ect
    With currently no turnover , no trial concentrate sent to potential costomers the path has a long way to go yet with both upsides and downsides .with the focus on drilling still , to me appears the company is chasing a takeover .At least by defining the mineralization they wont have added costs down the track of moving waste dumps with a clear pit/pits designs ect ect
    Anyway that all just IMO from an outsider looking in and as i said still very very early days
 
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