PLS 3.83% $2.98 pilbara minerals limited

There are a lot of risks involved with a young explorer. It's an...

  1. 2,435 Posts.
    lightbulb Created with Sketch. 330
    There are a lot of risks involved with a young explorer. It's an enormous price to pay for a gamble, and at what price do you think the shareholders would let go?

    Any Lithium option at the moment you're paying through the nose because of the high Li price. That's why I was thinking that of all the options currently on offer (or soon on offer), a MIN lithium business would be a good fit for merge. Lots of synergies, a monster producer, lots of engineering know-how, LiOH facilities, and you wouldn't have to part with any cash.

    Plus, it's probably a year or two down the track before CE spins it off, allowing us to pay for the stuff we want built and swell our MC to get a good deal on merge. Cheers to Monday morning daydreams
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.98
Change
0.110(3.83%)
Mkt cap ! $8.969B
Open High Low Value Volume
$2.99 $3.10 $2.95 $98.90M 32.90M

Buyers (Bids)

No. Vol. Price($)
5 16986 $2.97
 

Sellers (Offers)

Price($) Vol. No.
$2.98 175531 5
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.