PLS 1.31% $3.02 pilbara minerals limited

Good News & Bad News, page-43099

  1. 45 Posts.
    lightbulb Created with Sketch. 21
    Price volatility of SC6 and core lithium products still not at a level that is conducive to paying out divs even if small / sustainable.

    Whilst I would like it, consolidation of our cash reserves to continue to weather storm is more important at this stage. I would rather see aggressive M&A and/or expansion / larger stake in POSCO JV, in a similar vein to last downturn which bolstered and had more effect on SP when the upswing hits.

    Long term profits still to be realised from downstream processing among other things which will generate better returns for shareholders and SP.

    Each to their own however.


 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.