PLS 0.00% $2.85 pilbara minerals limited

Nickel to replace lithium for electric cars, page-29

  1. 23,448 Posts.
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    Its was easy to predict how this would go ,the same old mining boom bust and typically the reality never lives up to the hype the expectations were that EVs would burst onto the market quickly and demand would ramp up but the demand and production will take ,many years to ramp up not 2 years .The demand supply equation will be worked out by the market not shareholders trying to ramp up or down the SP of PLS or any other Lithium shares IMO the money has been made and lost in the boom and now shareholders have been mined by the raising that further dilute their holdings, many will buy into the weakness to double down hoping a price rise will get their heads above water.I sold out around the $1 mark and just brought back in at .30c hoping get back out at .35c the dreams of some 12 months ago of $10 have faded as reality sets in this time it was the same.
 
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