PLS 1.87% $3.00 pilbara minerals limited

Which ship is PLS's 1st ?, page-32

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    lightbulb Created with Sketch. 59
    So using those conservative numbers of $370M earnings per year for stage 1 and applying a PE of 8

    -> $370 x 8 = 2.96 Billion - so roughly double the current share price with conservative earnings and PE.

    -> Stage 2 at least doubling the earning - one would expect conservatively a doubling of that share price again = 4 x 82 cents AUD = $3.30 AUD per share based on conservative numbers with conservative PE.

    SK60
 
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