PLS 2.96% $4.18 pilbara minerals limited

Quite a bit of speculation here as to why this move upto an ATH....

  1. 370 Posts.
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    Quite a bit of speculation here as to why this move up
    to an ATH. Some say drill results, other pending Posco deal,
    and still others the rapidly increasing price of spodumeme.

    All of the above are correct in the aggregate. It is a final
    realization on the part of the big players that what we little players
    on this message board have been preaching for years is now
    coming to fruition.

    When things looked bleak in 2019 and early 2020, this message board
    was preaching that no new projects were being drawn up and the EV industry
    would have to pay the price for that mistake at some point.

    During those bleak times we kept track of all the mega factories beginning
    to come on line and it bolstered our morale and strengthened our resolve
    to stay the course. We followed supply/demand statistics and projections.
    We noted the announcements by the automakers about shifts in their product lines
    to include more and more EV models. We noted the commitment on the part of the EU
    and increasing subsidies for EV purchases. We noted the steadily increasing month to
    month sales of EV's worldwide.

    It is all of that and more that has caused this ALL TIME HIGH. All I can say as an 80 year old
    long term reader of this message board is THANK YOU to all you wonderful posters, and oh,
    a 5 bagger works much better than Cialis.


 
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