PLS 6.54% $2.86 pilbara minerals limited

upgrade, page-36

  1. 5,633 Posts.
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    Having worked for broking firms in the past, I ignore price targets. Still, the numbers forecast by Macquarie on a 5mt operation are what interest me and very compelling at these levels... looking at a P/E of less than 4 in 3-4 years and a EV/EBITDA ratio of around 1 based on 1bn market cap. Good buying IMO and have started today.
 
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