PLS 3.00% $2.91 pilbara minerals limited

Lithium Demand surge, page-1079

  1. 11,837 Posts.
    lightbulb Created with Sketch. 2158
    Hi SF

    In poker parlance - I'll see your 300 million BMW dollars and raise you 7.5 Billion VW dollars .

    I can afford to make that confident play because: Volkswagen have just announced that they will be opening THREE new factories in China to handle the SUV electric boom with an investment of 17.5 BILLION dollars . Source: Bloomberg 29/5/2018.

    That folks is in addition to the 48 BILLION dollars worth of car batteries that VW contracted to purchase several weeks ago. Now that's 65.5 BILLION dollars invested in EVs by just one car manufacturer .

    If one were to add up all the $$$$ currently invested in the lithium/EV/battery space, including the miners, I suggest that we are now well in to the TRILLIONS .

    Fingers crossed for a positive resource upgrade with our morning coffee .
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.91
Change
-0.090(3.00%)
Mkt cap ! $8.763B
Open High Low Value Volume
$3.02 $3.06 $2.90 $43.68M 14.76M

Buyers (Bids)

No. Vol. Price($)
3 12200 $2.90
 

Sellers (Offers)

Price($) Vol. No.
$2.92 3400 1
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.