PLS 3.83% $2.98 pilbara minerals limited

Interesting time ahead for all Oz explorers, producers esp with...

  1. 403 Posts.
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    Interesting time ahead for all Oz explorers, producers esp with PLS, LTR, CXO and others.

    No wonder there is an engulfing green candle for PLS, and as someone alluded, SQM and ALB were hammered with -19% and -10%.

    Interesting week ahead and given we have ANZAC day, only two more trading days before the quarterly result which IMO will be a huge, and update on outlook will be what I'll be focusing on.

    So two catalysts next week.

    PLS is now looking more like premium amongst other Li stocks - and who knows if we have some big boys running ruler over this one and add more M&A to the Li market. Chilean market will now be likely to be avoided and Aus remains the premium due to stable sovereign landscape.

    Happy days ahead.
 
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