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

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Post by Spuds21on Sep 25, 2017 8:42pm

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Post# 26740430

Notice of Special Meeting of Security Holders Notice out

Just received the Notice - 100+ pages. The Arrangement, Page 20, details that the company was shopping or being shopped for nearly 2 years. Thinking that one of the early shoppers came back since their due diligence and site data review. its quite the read, given I listened to every depressing quarterly report for years. Bad weather and all. The sale is and remains the only answer to take this operation to another level. But wow - do read this story. This was on the QT big time.

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