PLS 5.83% $3.07 pilbara minerals limited

Pop quiz...hands up all those who think in 10 years time that...

  1. 94 Posts.
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    Pop quiz...hands up all those who think in 10 years time that Pilbara Shares will be worth way more than they are today?

    Classic BEOT strategy being played out by MS, Citi, Goldman etc...create downward pressure on a stock through recommendations and bogus analysis. Accumulate from the weak hands and then revise the recommendations...they are doing what we all want to do...buy low and sell high. Fundamentals cant be kept down forever...

    Slide 34 of the Half Yearly Report says it all....LCE Deficit equivalent to 18 x Pilgangoora's at 1MTPA by 2040... GS, MS or any of the other financial pinheads cant magic that quantity up to keep the prices down on the way and 18 x Pilgangoora's doesn't happen if price and demand doesn't support the investment. Where is the global mining expertise to fund, build, commission and operate 18 x Pilgangoora's in 17 years...How many of us can remember not that long ago the Pilbara strategy when prices drop...they reduce mining. Pilbara Board have a track record of not selling at any price and our average realized price is still 5 - 8 x cost of production...its a cash machine with no debt paying a 6% dividend at current prices at the start of a global decarbonization focus...what's not to like..
 
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Last
$3.07
Change
-0.190(5.83%)
Mkt cap ! $9.239B
Open High Low Value Volume
$3.19 $3.20 $3.07 $96.53M 30.85M

Buyers (Bids)

No. Vol. Price($)
41 815921 $3.06
 

Sellers (Offers)

Price($) Vol. No.
$3.08 309816 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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