PLS 1.50% $2.97 pilbara minerals limited

Day to day discussions on S/P, page-11496

  1. 372 Posts.
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    To the best of my memory, I cannot recall there ever being an instance in which a fact based
    need for a product or process existed that was not relatively quickly addressed. We know that
    there currently exist a bottleneck in the conversion process which is resulting in a lack of available
    batteries. That bottleneck is in turn causing what looks like on the surface an oversupply of lithium.
    In my mind, that is an undeniable fact.

    Our current negotiations with Posco for a downstream conversion plant are a step in addressing that
    bottleneck. I remain hopeful that in the month or two ahead we will receive not two but only one major
    announcement. And that announcement is that we have entered into a relationship with Posco not only
    related to the conversion plant, but also a substantial investment by Posco to buy a portion of our assets.
    The positive aspects of such a relationship are overwhelming, particularly as it relates to being less closely
    tied to the Chinese.

    One last point and one which has been oftentimes repeated on this site. There is one historical truism
    that exist in all stock markets throughout the world and is so absolutely applicable to PLS today and it is....

    In the stock market, money flows from the impatient to the patient.

    Please stick around on this website Guemar. The more quality posters the better !!!
 
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