China to spend $493 billion on green power by 2020, page-68

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ibuybulion

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11/01/17

00:16

Post #: 21806357
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Originally posted by ozblue ↑

I find your comments about selling off the farm a little strange IBB as you knock the email group and one of the main intentions of most participants is for us to go mining and keep the company in the existing retail holders hands. At the very worst we would hope that as a large group we would be able to get a much higher price in a T/O situation.

The number 1 reply from all holders has been to go mining, when answering the question about their long term intentions. People do see this as a major asset of our country and we should keep it. how does the saying go? United we stand divided we fall. Well that is how I see PLS. As individual shareholders all with out petty differences and bickering, it is easy for a large group to swoop on a large percentage of the stock. Sticking together as one with the intention of keeping our world leading resource, we have a chance to keep it.

IMO writing a few letters to politicians will get us nowhere, but owning a part of the asset and sticking together as a large group will have a lot more say in the overall ownership of the asset, whether it is PLS or any other major Australian asset.

Greenbushes was sold off for a pittance to the Chinese and Americans, because they could see into the future when all that lithium would be needed. They would be basically making every year what they originally paid for the asset, when it really should still be in Australian hands, making money for Australians.
I feel the same about our resource at Pilgangoora.

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IYO writing a few letters ... will get us nowhere. So if the email group carries on doing its thing, which at present isn't a lot as no takeover is currently occupying their resources, what would the response be of L'estrange or Turnbull or Morrison if every member of the email group email bombed their inboxes? What if the members got 5 friends or family to send an email and they in turn got 5 people etc. I would think that would leave an impression at least.

As Paul Kelly so beautifully sang...

PLS Price at posting: 54.5¢ Sentiment: Buy Disclosure: Held
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