PLS 0.69% $2.86 pilbara minerals limited

I think 20% discount is fairly standard so I have no probs with...

  1. 315 Posts.
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    I think 20% discount is fairly standard so I have no probs with that. I am a little concerned about the fact they have CR now as opposed to after the next upgrade. Logic tells us either 1) there is no upgrade or 2) management is screwing shareholders. If resource upgrade had us at 150Mton why not release that info and then CR 10days later.
    I think this is a billion dollar resource and I'm in for the long haul but the sp will likely languish for the next 3months imo. Anyone winging about 20c CR price karma may bite you when it goes sub 20c in the ST.
 
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