PLS 6.54% $2.86 pilbara minerals limited

Ann: Trading Halt, page-196

  1. 2,378 Posts.
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    they did speak very recently about raising a small amount in funds and incremently increasing production and cashflow which has the advantage of reducing supply in a market that might remain over burdened with supply for 18 months until more processors come on stream,a number of sources including Elon Musk have stated the world will need all the lithium it can get, unfortunately you seem to think PLS is priced for imminent failure while the evidence, if your assumptions are correct, would price all but a select few miners for failure , the flaw in that argument is there would not be enough supply which will price the world for failure environmentally and of course the investment manufacturers will be making on the premise that minerals will be available actually dwarfs the mineral investment considerably, processors are largely funded independantly of the equities market as finance is a big issue, your point of view has a very narrow focus, and even less fact, it is at very best a selective presentation of carefully chosen supporting evidence that suits your particular agenda and is not in any way representative of all known facts, YOU DO NOT HOLD STOCK AND MAKE ALL MANNER OF NEGATIVE COMMENTARY
 
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