PLS 0.93% $3.26 pilbara minerals limited

Day to day discussions on S/P, page-12734

  1. 830 Posts.
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    Until cash flow/shipment particulars are known things are going to be tough here.
    I was a holder up until Monday with the intention of holding long term but that announcement changed everything.
    We've seen GXY having troubles too with shipments and I unfortunately don't think it will turn around in the short term.
    It's unfortunate timing for PLS that this is all occurring during ramp up. My biggest worry was cash flow and the need to raise more capital if things don't turn around in the next quarter or two and/or a minority partnership sale isn't facilitated. I don't doubt the medium to long term outlook for Lithium but PLS now have to prove the viability of the its operations in the current climate before things will level out. I'm interested to see the cash position in the quarterly. I'm only holding MIN now plus a tiny GXY holding in my super.
 
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$3.26
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$3.26 $3.31 $3.20 $93.80M 28.80M

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1 36000 $3.26
 

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$3.27 487563 11
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