PLS 5.69% $3.16 pilbara minerals limited

Wodgina just sold 50% for $1.6bA, page-131

  1. 8,984 Posts.
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    Yes, thats my price in due course, based on stage 2 840ktpa, spod price of US$700 pt, cost of US$250 pt, EBITA multiple of 8 and US/AUD $72 c., which equates to AUD $2.43. Excludes POSCO JV, but if you assume EBITA of $117 mill from the JV, add another 75 cents and arrive at AUD$3.18.



    All IMO, DYOR

     
 
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