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 > Uscr

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Comment by nkbourbakion Sep 29, 2017 1:02pm

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Post# 26759502

RE:RE:RE:RE:RE:Uscr

seatleslim wrote: I already own too much of this or I would buy it also. Market is reading this incorrectly imo. Vulcan and Hanson can pay for reserves. USCR can only buy cash flow with something this big. I'm surprised uscr isn't tanking on this news.

I suppose Vulcan could be a couple steps ahead... Let USCR absorb the cost and strain the bottom line and them buy THEM in a year or two. ;)

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