PLS 3.00% $2.91 pilbara minerals limited

I dont hold this stock but i held KDR and followed PLS closely...

  1. 399 Posts.
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    I dont hold this stock but i held KDR and followed PLS closely as both resources are relatively comparable. Sold out a couple of months ago and follow both KDR and PLS with interest still.

    You already said you put me on ignore. Couple of days ago. Number 43 if i recall correctly.

    Id actually much prefer that the near-term outlook for this stock was positive but it doesnt look that way. No one is falling for that rubbish about how promising lithium is anymore. Its not 2019 now not 2016.

    EV numbers are increasing, no doubt, but with so many hard rock lithium discoveries made already (many of which are not yet being mined but will be soon) and with the current limited downstream processing capacity i think it will be a few years before things start to heat up again.

    Burying your head in the sand isnt a sound investment strategy in my experience.
 
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