PLS 0.17% $2.89 pilbara minerals limited

Hey pokerface....., page-5

  1. 7,393 Posts.
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    I don't think this needs its own thread, and there has been plenty of discussion about the Sector, however, my two cents worth, having been invested in this company for over four years, would be:

    1. Hard to see lithium prices crashing, given the amazing take up of EV's. Prices might drop for a while, but you would imagine they will resume their upward trend

    2. The punters looking for the quick buck are probably going or gone

    3. PLS is fabulously positioned as a potential low cost producer

    4. The money will flow to companies like PLS rather than those not yet in production or in difficult geographies, as the Sector euphoria wanes. Investing in any lithium stock and expecting to make money is probably gone, unless there is another wave of euphoria, which actually may happen- difficult to predict.

    I foresee a lot of interest in PLS pretty soon, as the cash starts to roll in. The profit thesis will be more important than any sector thesis.
 
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