PLS 0.37% $2.67 pilbara minerals limited

Well, first up, research a little more. The CEO sold shares to...

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  1. 6,886 Posts.
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    Well, first up, research a little more. The CEO sold shares to pay tax liabilities and take up options. He ended up owning more shares so that’s a good sign.

    Yep, Shyte loads of cash, also a good sign. Company killing it with record production, record pricing, record profit and now able to pay dividends.

    They do know what to do with it. Expand, go downstream and invest in organic growth. Good capital management is allowing PLS to fund the majority of growth with cash flow and maintain a nice cash buffer, just incase. BOD are a gem among stones.

    That FIBO mob and founding member Goldy Sucks have NFI. Been wrong since the get go. The only good thing about their analysis is its allowed me to accumulate shares at a low price, some buys at less than the FY2023 dividend.

    The only disturbing thing about this stock is the amount of FW’s it attracts to the HC threads. Volatility is disturbing for some retail, not the LTers here.
    Last edited by dfs1: 12/09/23
 
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