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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 miningfundion Nov 12, 2015 5:45pm
73 Views
Post# 24286812

RE:RE:Couple of observation on the conference calls

RE:RE:Couple of observation on the conference callsA couple more observations: - As a participant said: 'marketing, marketing, marketing". PLS is far too cautious - prefers to under-promise and over-deliver. - Finally, they are about to engage an IR professional - about time. - They completely underplayed the Black Bear (mystery limestone) initiative. They have filed a Crown land tenure application - this is serious, it means that a deal has essentially been done. Production to start in 2017 to meet significant existing customer demand for coarse aggregates (Orca is sand-rich). - Although Wilson down-played it, they are clearly actively looking for more terminals on the west coast.\ - The Cemex local plant management glitch has been fixed - Head Office read them the riot act - won't happen again.
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