PLS 0.76% $3.30 pilbara minerals limited

Interesting just watching (the media's broker), Marcus Padley...

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    Interesting just watching (the media's broker), Marcus Padley being interviewed on ABC News live on youtube.

    He made commentary on Finance generally but then finished with his tip for 2020 ... EVs!

    "When you see the likes of BMW, VW, etc. getting involved and readying to hit the market ... that's a big tip."

    Together with the news commentators, they sounded like neophytes marvelling at the wonder of EVs and asking the same old questions ... but definitely geeing up to next months new flavour.

    No surprise to see next year being slow for us (again) ... but there's a big wave to hit sometime in the future. With the rush of converters coming online, some of the Spod supply slack must be absorbed in 2020. Trade war resolutions releasing constraints of Chinese finance.

    I never intended to sell but its been a slow road to dividends. Still a way. So SP fluctuations are just a number. The important thing is that the macro setting is advancing exponentially and a hockey stick SP graph promised.

    In the meantime, the Ganfeng SP continues its climb now up some 60% in the past month, creaming the margins as they squeeze suppliers.

 
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