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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 venturecap1on Feb 04, 2016 9:24am
151 Views
Post# 24523378

RE:RE:RE:RE:Martin Marietta

RE:RE:RE:RE:Martin MariettaYou would have to think this is due more to current market conditions versus company specific issues. MLM multiple was getting ahead of itself.
Interesting bid/ask situation on Polaris lately. There is only 5200 shares offered at $1.50 and 6000 shares offered at $1.60 while the bid side has been building. There has been a net adding to positions by institutional investors over the last year. Nice to see support by institutions and shares moving to stronger hands.
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