PLS 1.40% $2.89 pilbara minerals limited

POST TRADING HALT - WHAT NEXT, page-476

  1. 8,986 Posts.
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    G'day Barg, it must take special types to maintain the sly negativity, life of the party types cool.png

    I guess some dont do enough research, therefore, to give them a lending hand as to why global ICE car sales are tanking, see below;

    The trigger turns out to be the introduction of the EU regulatory standards for the new WLTP Fuel Efficiency and Emissions testing, and the automakers’ apparent mishandling of their inventory with respect to this transition. THOSE INVENTORIES OF ICE VEHICLES "DO NOT MEET THE CO2 STANDARDS",

    Therefore heavy discounts, as buyers of these non-compliant ICE vehicles will have FA resale value next year as round 6 of the CO2 standards kicks in, and in some cases wont be able to enter some cities. Then we have THE 7th ROUND OF CO2 STANDARDS in 2023, scrap metal re-sale value at that point.

    It seems many of the OEM's in the EU were hoping for a gove reprieve. However, not likely, as the EV tech has already proven itself, demand is outstripping supply...............

    And lastly, a shout out to our druiner, balls of steel mate, I'm f...ing disgusted with level of shite thats been thrown at you over the past week. Some peeps really need to pull their heads in, but dont forget druiner, the lawyers are watching.
 
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