PLS 0.34% $2.99 pilbara minerals limited

Good News & Bad News, page-7135

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    PLL is also subject to Tesla-hype and Robinhood investors. PLS / GXY are not sexy there is no tune to sing it to. They have been cast to the way side. If PLS can continue to get production costs down by increasing shipments plus a JV with POSCO to eventuate early next year as market conditions continue to improve I think we will have a real re-rate here. Need to break 43c and hold above 43c. Our converters are coming online and off-take partners are taking product as exemplified by the 50% increase last quarter.

    Spot market is getting tighter as contractual agreements take the center stage and hydroxide is still becoming the preferred feedstock.
 
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