PLS 2.07% $2.36 pilbara minerals limited

October Charts !, page-545

  1. 307 Posts.
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    I agree in that one need to be prepared for any set back. Nothing is perfect. But i will not sell all my holding during the time when the co is heading to production. Any set back to production should be temporary only unless we are talking about major catastrophy event. The upside is huge from here. We are not event producing yet. EV market penetration is not even 2% yet. I can't imagine what it will do to the lithium price once they start to move. Think of all the car manufactures start to release their EVs. Just look at China alone, they are going to be enforceable quota for the EV sale for total car sale for each manufacture. Whether they like it or not, car manufactures have to sale certain amount of EV in china market. The demand will go up the roof. We are not talking about busses and trucks and battere storage yet.

    Goodluck all.
 
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