PLS 1.64% $3.00 pilbara minerals limited

Yeah, Morningstar have just released a note and said nothing has...

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    Yeah, Morningstar have just released a note and said nothing has changed for their 2030 forecasts, which includes ~50kt of BQ chems out of Nevada clay projects by 2030. Morningstar are very conservative, thus their EV sale forecasts are lower than most (15% of US) by 2030, so Nevada may need to produce double the above, but nonetheless, supply/demand tightens over the next year, structural deficits by 2022/23, probably before Tesla secures it's mining permits, assuming they actually venture upstream to build & operate a mine.
 
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