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Pilbara Minerals Ord Shs T.PLS


Primary Symbol: PILBF

Pilbara Minerals Limited is an Australia-based lithium company. The Company is primarily engaged in the exploration, development, and mining of minerals in Australia. Its 100% owned Pilgangoora hard-rock lithium operation is located approximately 120 kilometers (kms) from Port Hedland in Western Australia’s resource-rich Pilbara region. The operation consists of two processing plants: the Pilgan Plant, located on the northern side of the Pilgangoora area and produces spodumene and tantalite concentrates, and the Ngungaju Plant is located to the south produces spodumene concentrate. It owns 70% of the Mt Francisco project, which is located 50 km south-west of the Pilgangoora Project and hosts the large occurrence of outcropping pegmatites located nearby to Port Hedland. It is also pursuing a proposed downstream joint venture (JV) for the development of an approximately 43,000 tons per annum lithium carbonate equivalent (LCE) lithium chemical conversion facility in South Korea.


OTCPK:PILBF - Post by User

Comment by FrozenInOntarioon Oct 16, 2014 12:57pm
98 Views
Post# 23034429

RE:RE:Construction around Toronto

RE:RE:Construction around TorontoThere are 2 components : volume and price.


Volume : 6.5 millions is their maximum permitted if I recall correctly but I might be wrong.   Still pumping up the volume would get their margins up.

However, pricing seems the key to me as any increase drop straight to their bottom line.  

Aggman, do you know what was the peak price per ton on their markets in the previous cycle ?   While the current cycle might be different and peak price might be lower or under, seems to me it woudl give us a ballpark figure of what could be the potential.

Say they get 30 per ton and 6.5 millions TPA, we suddenly have a company earning + 100 millions before taxes.

Regards,
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