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$4.01 pilbara minerals limited

They managed to get the aggressive expansion vs debt just right...

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barbal

3,137 Posts.

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26/03/19

19:15

Post #: 37891609
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Originally posted by wkimpton073: ↑

Hi All,

Potential investor here, the calcs above are exactly what we should all be thinking about when it comes to our hard earned money. I agree it is challenging to see PLS being debt free for a while on a stage 3 expansion. Yet at the same time given the time value of money it is understandable why management will dance the fine line between taking on to much debt and future profits. PLS is sized for 15 years of stage 3 capacity with no additional drilling. I have been personally drawing parallels to FMG with PLS as they went through a very similar scenario with a lot of people saying there were expanding to aggressively ect. They managed to get the aggressive expansion vs debt just right (though it did get close). It is not unreasonable to consider their path as a potential example of PLS.

I encourage the healthy debate and to point out the simplifications. price per tonne and US/AUD are big factors of economics but so are cost optimisation in DFS ect.

Sentiment is hold as I'm yet to pull the trigger.

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They managed to get the aggressive expansion vs debt just right (though it did get close).
I think that is an understatement, lol.

PLS Price at posting: 69.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

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(20min delay)
Last $4.01		Change 0.030(0.75%)		Mkt cap ! $12.06B

Open	High	Low	Value	Volume
$3.98	$4.02	$3.94	$69.61M	17.44M

Buyers (Bids)

No.	Vol.	Price($)
15	384127	$4.00

Sellers (Offers)

Price($)	Vol.	No.
$4.01	158548	7

View Market Depth

No.	Vol.	Price($)
11	91239	4.000
6	110700	3.990
13	280891	3.980
8	147896	3.970
15	134783	3.960

Price($)	Vol.	No.
4.010	155806	6
4.020	93521	14
4.030	281772	14
4.040	229079	12
4.050	246111	13

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last $4.01			Change 0.030 ( 0.36 %)
Open	High		Low	Volume
$3.99	$4.02		$3.94	4868697
Last updated 15.59pm 16/05/2024 ?

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