PLS 2.06% $2.97 pilbara minerals limited

US$905/t 6% Spodumene, page-78

  1. 318 Posts.
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    I'm quite naïve on the subject, but if we believe that a massive shift in thinking and new wave of green technology is on the horizon and will hit a point where it starts an exponential increase in demand, wouldn't it be logical to get to the mining stage with as few BOAs as possible in order to secure the best pricing possible?

    We've seen prices increase quite substantially over the past few years but it still seems that we are not at that exponential breakout yet. If we can manage to get to mining with our ~94m+ in the bank, the DSO, and a few BOAs with smaller companies with the inclusion of prepayments, wouldn't this put us in a position of great power once the lithium revolution truly breaks out and the big companies are screaming for high quality lithium?

    It doesn't look pleasant at the moment, but if this scenario is how management are thinking, doesn't it make sense?

    Who knows, we might be priming ourselves for a T/O but at the moment it seems we're on our way to the mines (with only a few deviations from schedule)

    I could be completely off with my guesses but I'm always looking to learn and would rather do it through well thought out debating and guesses rather than whinging about things im not fully privy too. I'd like to hear why I'm wrong or why i could be right from anyone. Cheers
 
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