PLN 5.71% 16.5¢ pioneer lithium limited

Ann: Spodumene Mineralisation Discovery confirmed at Benham, page-10

  1. 2,138 Posts.
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    I get the feeling it's someone churning to themselves to try and bait out sellers. Think about this play logically.

    - Nearly on cash balance (cashed up for 2 years)
    - 4 projects
    - Dirt cheap MC
    - Highly speculative ground

    For anyone with a mind towards investing in lithium while it's down to reap the rewards when things turn (the cure for low prices is low prices) this one is pretty insane.

    On the speculative value alone it's pretty wild and any sort of decent drill hit will cause an immediate re-rate regardless of what the lithium price is doing.
 
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