PLS 1.33% $2.96 pilbara minerals limited

Current EV sales equate to 10% of the worlds passenger vehicle...

  1. 94 Posts.
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    Current EV sales equate to 10% of the worlds passenger vehicle sales. There is already a HUGE deficit in the market, now just imagine what happens when the sales go up to just 20%, will the price of lithium continue to soar? Now imagine over 50% in a few years from now, in conjunction with all other demand such as heavy vehicles, trains, machinery, laptops and phones etc. Price of lithium will no doubt continue to soar to unimaginable levels, and that could only mean one thing for PL$.

    I suspect this time next year we will be hovering around $10 and major dividends. The following years, we can only imagine, but $10-$20 is where this stock is heading!

    To our friends JP and Jimmy and all the other accounts they have created, goodluck trying to push this beast of a stock down.
 
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