Australia's largest stock trading and investment forum Australia's #1 stock forum

PLS

0.66%

$3.00 pilbara minerals limited

Lithium Demand surge, page-267

First 267 Last

Share
Profile

Follow
MasterStrategist

11,142 Posts.

2047

26/04/18

14:00

Post #: 32695474
Share

Originally posted by AngryPrawn ↑

When looking at a spec share, I have two questions before I invest: what could go wrong? Why is this particular company the one who is going to win?

I'm simply saying you guys seem really optimistic, which is great. I love EVs but to pretend that they're flawless is not helpful. Reality - they make the drive from Sydney to Melbourne longer than the drive today. The "Better place" business model would have solved that, but it was capital intensive and a complete failure. Manufacturers didn't want to standardise battery packaging because cars are different shapes, and people didn't want to lease capacity. Perhaps businesses might. But won't vehicle automation make a huge difference? I believe the better place business model will return, but it will a bunch of car manufacturers to come on board and maybe even a mandated standard.

Then there is the whole energy density question: is Lithium really the right answer? Or are super-capacitors going to be the thing that solve the EV convenience issue? Someone mentioned the 4 minute Porsche - I believe that used capacitors rather than battery. Or more accurately a battery that is more capacitor like than lithium-based batteries. What about gold-nanowire batteries - is the lithium spike really the way of the future - or will be back to the future with industrial uses of gold. How do we know Lithium Ion doesn't go the way of NiCad?

As for "do you even research?"

Well yes, one of the first things I do when assessing any company is test to see how hyped the current holders are - when they're hyped, I get worried. Remember the old traders maxim: "when the tea lady buys shares, sell everything."

By all means believe - you have to if you're going to buy spec shares and sleep at night. I love the optimism here, I'm just not quite there yet on the "this tiny mining company will change the world" thing.

The fundamental technology questions don't put this in my "buy and hold for twenty years bucket", and what this thread has told me is that this stock is likely a more short-run play - I'd be looking for an entry around half the current price with an exit around 50% higher than the current price.

Expand

Mate! How much research into this stock and the subject commodity did you actually do? Five- ten minutes. To call PLS a "tiny little company" and suggesting we came on board via advice from a tea lady has to be THE most ignorant comment I have ever read in this forum.

I'm not going to waist my time trying to educate you, but I'm sure others here won't be able to resist.

PLS Price at posting: 87.0¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

AI stocks: What to expect in 2024-25

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

There are more pages in this discussion • 2,468 more messages in this thread...

First 267 Last

Add PLS (ASX) to my watchlist

(20min delay)
Last $3.00		Change -0.020(0.66%)		Mkt cap ! $9.030B

Open	High	Low	Value	Volume
$3.02	$3.04	$2.98	$40.14M	13.33M

Buyers (Bids)

No.	Vol.	Price($)
17	110363	$3.00

Sellers (Offers)

Price($)	Vol.	No.
$3.01	14732	4

View Market Depth

No.	Vol.	Price($)
16	95559	3.000
24	182683	2.990
59	717256	2.980
23	148300	2.970
33	164459	2.960

Price($)	Vol.	No.
3.010	14732	4
3.020	153469	10
3.030	100786	5
3.040	113166	11
3.050	86986	13

Last trade - 16.10pm 16/07/2024 (20 minute delay)

PLS (ASX) Chart

Lithium Demand surge, page-267

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

AI stocks: What to expect in 2024-25

Bryah gains $408K government rebate for work on copper target Narracoota

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Lithium Demand surge, page-267

Top Stories

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

AI stocks: What to expect in 2024-25

Bryah gains $408K government rebate for work on copper target Narracoota

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News