PLS 5.74% $3.13 pilbara minerals limited

Good News & Bad News, page-739

  1. 227 Posts.
    lightbulb Created with Sketch. 7
    thanks for the info-nothing was new as im working in the same business, maybe we are colleagues few desk apart haha
    anyways no need to rub it in anybodies face, everybody knows how much PV panels generate and the cost of battery and panels are declining, we use a lot of that cost curves every day yet any solar farm we installed for communities costed over $3000/MW. i think you didnt read my words properly cause you had some answers ready in your head to attack ppl with. I didnt say EVs not happening, if it was the case i wouldnt have invested in LIT, i said the running cost is not going to be zero, house holds have multiple cars, how many you can charge at the same time? power stations will not go out of business cause you are going to add 2 more panels.

    with price declines power producers will add on solar farms and large scale batteries, they've done it already, to offset the fuel costs, this means in future the cost of supply will drop which incentives ppl to charge from network and use their PV panels to help their air conditioning.

    Goverment buyback is bugger all, nobody is going to install more PV for 7c/kWhr, this might go to zero soon too.

    happy to hear more from you, you have some valid points
 
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