Hope you are well, Will reply on the chart thread.
Yes the Pilgangoora crew are both going well, I have no complaints as I have picked up fair size holding in both the last few weeks.
On the 3 month chart PLS is the standout.
Firstly the strengthening of the AUD against the USD benefits them both, as they hold their debt in USD. GXY no debt so no benefit on that front. This has been of huge benefit to both.
If ands this is a big if, Li demand really dramatically picks up in the next 3-6 months PLS will be the biggest beneficiary IMO.
Im also a bit wary that a Swallow does not make a spring. Todays action is a bit of a shock, but no complaints, would be fine with a pull back next week and consolidate as may look to add more.
Cheers and enjoy, I will be tonight lol
GXY - BLUE PLS - GREEN AJM - RED
GXY Price at posting:
95.5¢ Sentiment: Hold Disclosure: Held
