PLL 3.33% 14.5¢ piedmont lithium inc.

1/100 CDI, page-26

  1. 5,243 Posts.
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    No problem pok, I've learnt a lot since the GFC losses, so I buy in tranches now, a small holding to begin with and then build up as we go and as I get more confident of a positive outcome.

    Last week I joined as a shareholder with an initial tranche of 30,000 shares @ 35 cents, because I thought the redomicile was a good idea, and the Tesla agreement is positive, and as a result the $500m market cap was reasonable, though I'd always like to buy cheaper.

    I'd love a brief sub 30c dip to buy a second tranche (based on a brief fall in Lithium prices, and nothing else), but I may end up buying a second tranche at 40c, who knows, it depends on how it goes from here.

    At the moment, I look at this for a long term hold, to production, but again, it depends on how it travels, and how good management prove to be, and a lot of other factors. We'll keep an Eagle eye on it.

    Gw
 
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