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.

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Pilbara Minerals Ord Shs > Shut the lights off and close the door

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Comment by amgn68on Aug 28, 2017 7:50pm

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Post# 26630361

RE:RE:RE:RE:RE:RE:RE:Shut the lights off and close the door

I have done extremely well in this company. The buyout is the second time I will have sold my whole position. It was by luck I got back in.

They did a good job on the whole but did not create shareholder value from IPO. I learned a ton of stuff on this ride and appreciate all the people on this board.

Cemex was the part of the equation that did not become clear until last year. No way to have known that unless you were an insider. They were not a great partner. Now maybe Vulcan stiffs them.

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