Hi Chaser,
We can't or at least should not give investment advice on these forums so a yes now or wait is not the appropriate answer.
PLS currently has the second biggest known hard rock lithium resource on planet earth, and it's proven with drilling and metallurgical testing, it's also near what has recently been an iron ore boom and thus in a place setup for mining and exporting. If you believe in the potential and growing demand for lithium (cars, home power etc) there's going to be a shortfall of supply, PLS are setting up to fill it as best and timely as they can. I think they're the best to do it (I'm an amateur, a googler,). Many other Aussie plays are still explorers or even worse pretenders. Some are genuine producers and all the best to them but we have the number 1 resource by a long way.
PLS sHare price has come down the last week so could be a great chance to get in cheaper, can't say the bottom though, hoping this is about it. Most on this forum (me!) think it's going quite a lot higher, Blue Ocean equities that covered a recent capital raise suggests $2.20au!
http://www.pilbaraminerals.com.au/research-reports
Good luck!
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4 | 80756 | 2.840 |
34 | 122623 | 2.830 |
18 | 657649 | 2.820 |
25 | 323374 | 2.810 |
Price($) | Vol. | No. |
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