Dale said at a recent Citibank gathering that unless there is...

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kchil

1,518 Posts.

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04/11/23

11:16

Post #: 70725742
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Originally posted by regal: ↑

Day in day out, the bulls talk the SP up and the bears talk it down, so tiring. The ignore list is becoming ridiculous. No, the EV story is not going away, it's going to accelerate, short and simple. Battery storages and solar are accelerating as well. Kungflu Xi Corp. is manipulating prices to control market share. The banks are manipulating stocks for their own pocket and uncle Xi. Pls is not going out of business, it pays dividends higher than bank interest. Energy storage/ EVs are in growth for at least this decade, 10x by 2030. What's so hard to understand? If you are a hydrogen or sodium battery idiot, you don't have basic understanding of chemistry and are on the ignore list, invisible. How about PLS just build a chemical plant, run all the ore through it, sell chemicals to everyone and give Xi the bird. If you think pls is worthless, sell. At 3.50, 3, 2.50, 2 I'll be there buying. There will be more EVs and battery storage this time next year, simple as that. Meanwhile, PLS will pay you to wait as they expand and make more $ year on year.

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Dale said at a recent Citibank gathering that unless there is sunstantial Government assistance, we cannot compete in refining with the Chinese.

"Australia’s largest lithium miners have no chance of moving into more profitable parts of the battery supply chain without substantial government subsidies, according to Dale Henderson, the chief executive of $12.3 billion lithium producer Pilbara Minerals.
Speaking at the Citi investment conference on Thursday, Mr Henderson said a West" etc, etc
I think your view is terribly simplistic.

PLS Price at posting: $3.75 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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