Pilbara Minerals surging on the back of looming tantalum-lithium production

Pilbara Minerals (ASX: PLS) is an emerging production play that we introduced to our Portfolio for the first time last week. The company's share price has risen steadily from less than $0.01 a year ago to a current two-year high around $0.092 in today’s trade. The company has been around for a few years now, but has painstaking progressed exploration, appraisal and pre-production activity with respect to its Western Australian tantalum and lithium resource assets. I attended a lunchtime briefing on Wednesday in Sydney with director Neil Biddle, which was very well attended. Pilbara today advised of further high-grade results from a further 23 RC drill-holes at its Pilgangoora lithium-tantalum, helping confirming the southern resource extensions of the Priority 3 Area. The company’s recent $6.465 million capital raising reinforces confidence in the company’s production ambitions.


Gavin Wendt
Founding Director
MineLife

Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.