PLS 1.40% $2.89 pilbara minerals limited

Good News & Bad News, page-14264

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    [Below info. has nothing new, but found some poster being funny or trying to mix things up intentionally...]

    Let's be clear about one thing, when people are mixing up the Lithium Industry as 'Lithium Producer'.
    To make it simple, here are 'Raw material', 'Convertor', 'Battery Maker'
    In the case above, GFL is 'Convertor', PLS is 'Raw Material', it didn't mention but CALT is 'Battery Maker'
    Over past two years, via BMX Auction (Fxxking Brilliant), the value of raw material (hard rock) was re-discovered and the price twist is in the process of correction. Another contributor as always is 'deficit'.
    So the profit was transferred/moved through this supply chain, and it will find its balance. In this case, GFL have to pay more to get raw material, and they charge more on battery maker to pass on that cost increase. It will find the new balance, but again, supply vs demand is the true rule.

    So, there is no point/sense of comparing Share Price Movement across different industry stream.

    We are Hard Rock Spodumene producer with deep pocket, in progress of vertical integration via POSCO JV and Calix JV, with finance setup nicely.
 
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