PLS 0.24% $4.18 pilbara minerals limited

Good News & Bad News, page-60

  1. 2,364 Posts.
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    of course the alternate and correct view is Vale have reduced production due to structural issues with dams however Vale are still producing i/o just not as much, Lithium is oversupplied due to a shortage of processing plants , read PLS market release however the shortage of processors is world wide and world wide they are scrambling to build more processors , not more mines because there is an oversupply due to a shortage worldwide of processing plant, lithium demand has increased not decreased and will continue to do so until the industry plateaus in maybe 5 to 7 years with corresponding ev and appliance growth---we are moving away from the petro chemical industry--------Nolan you can believe your own posts but I think reality is all about Growth and Gearingup so like many traders and investors myself included in that number you sell in fear on rumour and buy in expectation when risk has reduced however generally speaking when risk is reduced the sp. reflects that-----tomatoes are differing prices from week to week if you only want tomatoes you buy cheap if you want quality they always cost a lot more and in terms of scale PLS will be able to offer a steady large supply of average quality to an enormous market
 
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