PLS 6.18% $2.58 pilbara minerals limited

""For resource industry, the most important thing is always the...

  1. 148 Posts.
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    ""For resource industry, the most important thing is always the quality of the resources underground.""

    Dont forget CASH FLOW !!! Thats the ultimate destroyer of any company no matter the quality of resource.
    PLS will probably never fold completely as it has some strong shareholders however the ones that are offtakers wont give a second thought to the sp as long as their lithium supply comes as cheaply as possible. Their profits are going to be offshore. Too bad for the small retail holders.
    IMO the shareholding in this company will look a lot different in 12 months time after the pressure gets applied by our Northern friends.


 
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