PLS 0.69% $2.90 pilbara minerals limited

@HittmanHi Hittman,I assume you mean US$6b in profit not...

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    @Hittman

    Hi Hittman,

    I assume you mean US$6b in profit not revenue? That makes it very comparable to FMG. If we calculate on the basis of 50% profit then $12b revenue, even if we consider the spot spod prices to stay at US$5000/tonne, that requires 2.4m tonnes of production per year.. I am using $5k price but long term spod prices are meant to be more like $3k per tonne. Not sure how achievable is this? Or someone's being too bullish?
 
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