Pilbara Minerals Ord Shs 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

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Comment by goodtoreadthison Feb 04, 2019 10:44am

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Post# 29314446

RE:gtrt

I did not even notice it so thanks for catching it and bringing it up. PILBF has the potential to be a very big company in the LI business. They have huge offtake partners, good relations with each, LIOH opportunity with POSCO and solid business execution operations.

I think once they announce achievement of commercial production and begin reporting profit and loss numbers plus cash flow numbers with debt pay down, the share price should move higher.

Our CEO is a young hard charger so we will continue to add strength.

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