PLS 5.26% $2.70 pilbara minerals limited

Good News & Bad News, page-3290

  1. 742 Posts.
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    Hi @ Dr_Manhattan,
    Good to have a thoughtful Post rather than the steady barrage of nonsense served up lately.
    Downrampers ( Shorters?) with their subliminal oneliners really are the pits.
    Annus Horrobilis for the Aussie hardrockers has only lets say 12 more ASX trading days to go.
    PLS will probably finish at its low for the year.
    The new decade will be a doozy. Market demand for our Spod will explode and the revised Stage 2 expansion will need to be brought forward IMO.
    Leading Automaker VW will start churning out EV's at a rate of 250 a day by the end of 2020 and tripling that within a year at their German plant alone. They have a target of 50% for overall global EV sales volume by 2025. This is indicative of the accelerating transition from ICE to EV.
    IMO the Lithium supply chain will sort itself out in 2020, with possibly some M&A activity.
    IMO wouldn't be surprised if VW was one of the parties who showed interest in the partnering opportunity. The door is no doubt still open.
    It would be an astute move for VW to take a stake in PLS/Pilgangoora given the PLS/CATL courtship and their battery supply agreement with CATL.
    Compliments of the season to all.
    Cheers


 
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