PLS 0.17% $2.89 pilbara minerals limited

Good News & Bad News, page-31991

  1. 534 Posts.
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    Yeah, you can have your pickle juice & stay with SELL.

    Fundamentals are not just spot price of SPOD.
    No one expected SPOD price to stay >$7k like Dec2022 qtr.
    PLS has so little cash in Oct 2022, P/E ratio was >15.

    Now, cash balance $3.3B & P/E ratio is around 6.
    Production levels realised around 650- 700ktpa now…

    So any short term price drop will disappear with next week reporting…. Although I don’t see much upside above $5.40-5.60 !
 
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