ASX Today, page-43185

I’ve been saying this for a while now, that PLS are basically cannibalising the li market, by flooding it with cheap product, with scant thought for long term consequences.

Imho they are helping the Chinese destroy Australian lithium juniors via low pricing, and trying to make it nigh impossible for want to be producers, to come online. Not only that, they are destroying their own SP and value short term, in the process. How dumb is that?

Also, how selfish is that? I am disgusted by the way PLS management are acting. It’s purely in self interest, which ruthless businesses can say is fair enough, but it doesn’t sit well with me at all. I’m glad I sold out years ago.

I can only assume they are trying to wipe out as much competition as possible and turn themselves into the BHP of the lithium industry.

I feel like LTR are lucky to have even made it this far under the circumstances, and if we navigate through the short term successfully (which I believe we will), have every chance at giving PLS a run for their money, as a competing “Rio Tinto” to their BHP.

I discount IGO long term for the same reasons @anatol mentions. They will have a part to play but it will be diminishing over the next decade.

I’m surprised there isn’t more public outrage about PLS and their tactics on these boards. Maybe people just don’t think about it or get it, or shrug their shoulders and say, “that’s business for you.”