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 (tpa) lithium carbonate equivalent (LCE) lithium chemical conversion facility in South Korea.

OTCPK:PILBF - Post by User

Pilbara Minerals Ord Shs

Bullboard Posts

Post by bendergardenon Sep 11, 2008 7:07pm

952 Views

Post# 15450016

Starting to look cheap

Starting to look pretty reasonable. No fast turnaround is coming, as the housing market in LA is still heading south for foreclosures, and even when it finally bottoms, it will take eons to sell down the excess inventory on the market. But as a value stock, it's getting pretty close. It never should have been trading at the stupid bubble it was at, but it has a lot of potential.

Bullboard Posts

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