PLS's future, will it survive until the tide turns?, page-18

Ah- the games that are being played.

Fact of the matter is that many companies jumped onboard the lithium train, but the infrastructure was not ready to go to accept the amounts at this stage.

Is this going to continue forever- NO! All those converters will start to come online and there’ll be a real squeeze on lithium and pricing will stabilise. Is there more short term pain- unfortunately I reckon yes- but one thing this glut/over supply issue has created- is that new lithium companies/ supplies will realise the difficulties in obtaining finance and the huge costs involved in building the infrastructure, and many will fail to get to first base.

Have continued to hold PLS- as this turnaround can happen really quickly and with the mandate from governments and countries the EV revolution will continue to roll out, and lithium will again start to ‘sparkle’.
Should I have sold and re entered at lower prices- yes- but cycles go up and down and definitely looking at PLS to once again become a lithium player of note, so have always held for the long term anyway.

BEWARE- So many posters on this forum with agendas, remember the old adage of ‘ buy Low, sell high’- well they’re trying to talk you out of your shares at the low price and continue to peddle their ‘crud’- so that when the bottom is in- they’re well positioned to grab shares.

You just have to remember- some of the deals that were done close to us and how big those deals were- and ask yourself- do those companies know more than posters such as ‘Nolan’, with his agendas.

Good luck to all lth- more pain short term- but the turn around is just around the corner.

The other option is at rock bottom prices- some of the bigger players will be looking to ‘clean up’ and takeovers, etc, will really put premiums on your buying at the bottom!