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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 > Someone using GMP Securities has been dumping shares
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Comment by FrozenInOntarioon Jul 14, 2016 1:15pm
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Post# 25052872

RE:Someone using GMP Securities has been dumping shares

RE:Someone using GMP Securities has been dumping sharesMichael has been with Polaris since they were taken public. However, with a bias on natural ressources sector investing, a bit normal that his record his getting shattered. He might want to sell his Polaris positions (not very valuable now...) as he is realigning his funds to other sectors. If he dumps his shares, it will have to be outside the public markets, as they own a few millions shares and the trading volume can not absorb it. Would be fun if he was beginning to turn activist and push for a sale. Anyway, Polaris getting down and US material sector going up. What is new ? GLTA
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