PLS 3.09% $3.14 pilbara minerals limited

Good News & Bad News, page-8561

  1. 2,609 Posts.
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    Thanks Nev for all your posts. I enjoy opening the forum in the morning and seeing your name.

    I think 2022 is going to be incredibly bullish for PLS. Whilst we started the year with a significant downgrading in production guidance, I think there will be a strong possibility we will beat this. This is purely an assumption based on managing expectations and the benefits of reporting an exceedance in sales, albeit even from the revised downgrading.

    This possible exceedance coupled with the ever increasing price of lithium, which appears to be higher, faster and longer lasting than even the most bullish analysts anticipated, means PLS is going to end the year with a tonne of cash.

    As the projected new supply from greenfield mines experience issues and announce construction delays, this news will confirm the reality of longer term higher prices. Meanwhile PLS Plant 2 will come online, and PLS will continue to expand their operations.

    If 2022 is meant to be PLS' time in the sun, then 2023 will be the year that PLS will be the star of the worldwide lithium market.
    Last edited by kyle5035: 26/02/22
 
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