PLS 0.34% $2.99 pilbara minerals limited

No news is good news, considering we appear to be at the bottom...

  1. 1,414 Posts.
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    No news is good news, considering we appear to be at the bottom of the barrel in terms of customer demand and COVID.

    From here, prices have to rise because demand has to rise once production material backlogs are cleared.

    What I took out of the presenration is the increased recoveries, which has shown no signs of a plateau and will absolutely assist on sharpening our bottom line and expanding life of mine based on our redefined product quality over quantity model also notated on the bar charts in the presentation.

    This is the first spod miner I am aware of defining how they are going to not only survive, but plan to thrive on a temporary period of low demand followed by what may be a rapid rise in demand for quality li2o.

    As an investor in AJM, AVZ and PLS as well as an observer of SYA and NMT, I am currently investigating expansion in my PLS holding.
    Last edited by theghostwithin: 07/05/20
 
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