PLS 1.47% 33.5¢ pilbara minerals limited

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  1. 6,700 Posts.
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    Yes, definitely PLS would (if they sell half) have only 50% of the mining assets - BUT they would also have the value of the 50% paid for the half sold. Not that I am saying they would or should, but if they returned that cash to shareholders instead of using it to develop further production then a sale of 49% for $1.3 billion (say) would give us all a bit over 70 cents and still let us retain our half of the mining asset.

    I could live with that.
    Last edited by bobadah: 14/04/19
 
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