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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 > Patience Required!
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Comment by venturecap1on Mar 18, 2017 4:07pm
132 Views
Post# 25998000

RE:RE:RE:Patience Required!

RE:RE:RE:Patience Required!My worry, is that institutional investors are losing patience. No one seems to be covering this stock anymore. Very poor job by management to grow this business in a hot market.

On a positive note, an insider bought 150,000 shares yesterday at $1.00. Finally a commitment by management.
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