Pilbara Minerals Ord Shs T.PLS

RE:2024 Olympic bid presentation - made at Redwood City

[seatleslim]

I think you've already pointed out that momentum in pricing and volumes seem irreversible through at least 2017. Certainly speculative at this point, but a 2024 SF Olympics would stretch that visibility to ten years and likely well past the date of some acute local aggregate shortages. Cities like San Francisco, New York, LA are almost becoming like different "countries" relative to the rest of the economy. Even/though cash flow/earnings are light at the moment and the stock price bounces around more than one would like, I can't think of many unlevered assets I would want to be holding for long term.