Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Conference call Questions
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by teachon Jul 21, 2017 10:04am
56 Views
Post# 26494466

RE:RE:RE:RE:Conference call Questions

RE:RE:RE:RE:Conference call QuestionsThanks Nicholas,

I reread your initial post and realized you wrote you COULDN'T answer specific questions on this board. I read it the other way.  Sorry.

How about a more generic question regarding something you quoted to me? 

Can you explain why Polaris (and others in the industry) believes that EBITDA is the best way to evaluate financial performance?  

Has it got something to do with the high depreciation rates for long life assets?  Does Polaris believe that depreciation expense rules leads to financial results that do not accurately reflect financial performance and Polaris' value?

If this is somewhere near the reason, how do shareholders reconcile this idea with what other investors believe about EBITDA? Charlie Munger, for example, thinks EBITDA is one of the nuttiest things around.

Any ideas behind your logic is appreciated. 

Larry



 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities