Pilbara Minerals Ord Shs T.PLS

Primary Symbol: PILBF

Metals & Mining Industrial Metals & Minerals

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.

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Pilbara Minerals Ord Shs > Lead up to earnings

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Post by teachon Oct 29, 2015 12:24pm

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Post# 24239255

Lead up to earnings

I wonder if the current share price weakness is caused by knowledge that the quarter to report was weak or an expectation that the quarter was weak. In the past, the market seemed to know when the numbers were going to be on the weak side and the stock traded down beforehand.

When the numbers were strong, mangement sometimes released this information before the quarter was done. Not this time, but we have a new President.

In any case, the market is not expecting a strong quarter. I hope they've got it wrong this quarter.

It's strange how the market always seems to know with Polaris, but never seems to know with Uni-Select.

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A junior copper-gold stock trading at a bargain of monumental proportions