PLS 2.13% $3.83 pilbara minerals limited

If lithium concentrate prices dropped to $500US (currently...

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    If lithium concentrate prices dropped to $500US (currently $900US and rising), based on a very conservative future ebitda multiple of 10, and the 5mtpa operation, PLS is still worth $1.60 per share. The reason why PLS already has a $1b market cap is the obvious near term ebit potential. At $1100US, it makes a billion ebitda per annum. And that does not take into account downstream JV opportunities. The market has every right to be excited. Clearly Ken and the team are opening up some very nice relationships and advancing the model. I was wondering whether we may dual list in the US in the future, and/or HK? It is pretty obvious PLS will have global significance and interest
 
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Last
$3.83
Change
0.080(2.13%)
Mkt cap ! $11.52B
Open High Low Value Volume
$3.90 $3.91 $3.83 $93.71M 24.26M

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No. Vol. Price($)
6 35051 $3.82
 

Sellers (Offers)

Price($) Vol. No.
$3.84 6400 1
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$3.84
  Change
0.080 ( 2.50 %)
Open High Low Volume
$3.91 $3.92 $3.83 7472288
Last updated 15.59pm 29/03/2024 ?
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