PLS 0.67% $2.98 pilbara minerals limited

Tuesday 17/08/2021 - New shares being issued, page-112

  1. 11,382 Posts.
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    On that point, Wrogerz, one notes that BHP is currently negotiating the sale of its oil assets to Woodside for cool $20 billion. BHP have telegraphed that it wants to divest itself of all its fossil fuel operations, and has already sold out of its coal mines; keeping only thermal coal. It (BHP) has also said that it sees the writing on the wall with the changing energy paradigm and its aim is to become a good citizen miner with respect to climate change. That said, with plenty of cash in the till, particularly if the Woodside deal comes to fruition, then there is a good "possibility" that they might look at PLS as a "good citizen" buy.
    Under the prevailing circumstances of climate change, their want to become a good citizen miner, their understanding of the electric/battery revolution in its early stages and $billions in cash to be redeployed - PLS would be a prime takeover target to fulfill the criteria at hand.

    All they have to do is make us an offer too good to refuse - and the human nature of greed will see the majority of holders say: "Its a deal" biggrin.png.
 
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