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


OTCPK:PILBF - Post by User

Comment by FrozenInOntarioon Feb 13, 2015 7:12am
116 Views
Post# 23425559

RE:Juniors versus Seniors / Management / Value / suitors / AE

RE:Juniors versus Seniors / Management / Value / suitors / AESorry Agg,

I could not resist giving you 5 stars as i like value to be recognized (just like PLS should be recognized, he... no, will be recognized;)

Interesting to see that you see  US Granite as a potential suitor.   They have RM operations near SF and they see it as a very good market with the Candlestick park projetc, etc...  Will have to check back but remember reading about price increases of 10/ton there and in TX for the new year. 

However, out of bankruptcy, their stock has rocked but their market cap is around 400 millions.  Out of sheer curiosity, do you like them as an investment  ?  I have stated to buy a few.


Regards,

 
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