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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 Nov 13, 2015 1:04pm
81 Views
Post# 24289261

RE:more (frozen) food for thought

RE:more (frozen) food for thoughtThanks Agg. Good points as usual. If they do not bend over to USCR, we might see a drop. However, would be the good thing to do for the long run. Heard Herb also mentionning that a partnership have to be beneficial for both partners. Lets see. The hard rock source : taking a long time but they needed to get their first nations partners on board. And this takes time. And thinking about it, here we go with another moat as getting a new quarry built in would be quite difficult. Witness Eagle Rock. Cannot predict cycle but do know that at one point, it will turn down. Only concerned that Polaris is moving soooooooo slowly. When they get there, party might be over. To repeat a point you made, this increases the chance of a cheap take over. Frustrating to see the SP going down when all the material stocks are behaving quite well in the States, except for their strategic Partner. Regards,
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