Well actually if read carefully CYMON's post said a Life of Mine of $18bn. I am 99% sure he was referring to cashflow and probably missed a word in there. He did not say that PLS will have a MC of $18bn.
I like the enthusiasm but that is unlikely to happen. If PLS one day reaches a 8Mtpa plant making $450USD margins ($600-650) sale price they would generate cashflow of $780m. NPAT of about $600. So that would be a $6bn valuation on a 10x earnings basis. If via downstream one day we are earning $800-$1,000 margins on a whole 8Mtpa (unlikely imo) it might make double figures and close to $15. For now I think the 3 year target should be around $2-$3bn. Still near enough a 3-5 bag from here but I know some don't have that patience
Ann: PFS Outlines Compelling 4MTPA Expansion Option-PLS.AX, page-71
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Last
$2.39 |
Change
0.000(0.00%) |
Mkt cap ! $8.672B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.43 | $2.33 | $89.10M | 37.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 146674 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 490312 | 15 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |
