PLS 0.69% $2.87 pilbara minerals limited

canter becoming a gallop.. I think GXY turnaround at Mt Cattlin...

  1. 6,314 Posts.
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    canter becoming a gallop..

    I think GXY turnaround at Mt Cattlin has also surprised a few and shows how with perseverance the recovery / grade volume has hit the sweet spot and Spod pricing is still subdued .. bought a few GXY today as well on that basis and i like the GXY weekly chart.. good for PLS

    Cost is king and if GXY can smash out production at a cost in the $300s then eventually so will PLS and that means PLS is most definately undervalued considering it will also be generating $200-300 M revenue

    Who knows what plays out with KDR as well ? I let all mine go for 1.84 and I'm comfortable with that.. a superior offer just means my PLS will run even harder but the downside risk of holding onto a KDR offer with subject to's vs taking a profit off the table was a no brainer for me..

    Li space is volatile but it's a kind a volatility I'm getting excited about now..

    good luck keeping a lid on it

    GLTAH
 
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