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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

Post by teachon Dec 18, 2015 10:59am
152 Views
Post# 24395194

Pop Quiz

Pop QuizFor each question, answer with the correct answer.

1.  Which one of the following commodities increased in price during 2015.

a. gold, silver, platinum
b. oil, natural gas, propane
c. copper, iron ore
d. construction aggregates
e. corn, oats, wheat

2. The Canadian dollar lost 16.5% of its value vs the U.S. dollar in 2015.  Does this

a. improve sale price per unit for Canadian companies selling into the U.S. market
b. hurt sale price per unit for Canadian companies selling into the U.S. market
c. make no difference for Canadian companies selling into the U.S. market

3.  What is the name of the only publicly traded company Canadian company that sells contruction aggregates to the U.S. market?

4. Please explain, using full sentences.  

How is it possible that the answer to #3 above lost 37% of its value in 2015?
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