PLS:AU

Gavin Wendt

2016 played host to a significant resource sector rejuvenation – and all indications are that this momentum will be maintained into 2017. This is reflected in the Australian Small Resources Index graph below, which rose by 70% during 2016. Not surprisingly this was driven by a dramatic performance by commodities... Show More

John Robertson

UK-based industry publication Mining Journal has questioned the price assumptions underpinning the recently released Pilgangoora lithium project definitive feasibility study from Pilbara Minerals. The Journal has observed that “there is very little sound analysis present” to justify the prices assumed for the 36 years of the project. While the Mining... Show More

John Robertson

No track record but priced for success. That is the Pilbara Minerals story. Despite what they say, investors continue to show a preference for ‘trend’ over ‘team’ in making investment choices. The Pilbara Minerals definitive feasibility study released in the past week puts a A$709 million value on the Pilgangoora... Show More

John Robertson

Investors must pay for on-the-job training as start-up mining companies confront unfamiliar metallurgical problems. ’Track record’ is cited by fund managers as one of the most important criteria in assessing where to invest in the mining industry. Paradoxically, this is one of the first investment criteria to be jettisoned when... Show More