PLS 3.09% $3.14 pilbara minerals limited

Over the course of the first 2 weeks of July, theprice of...

  1. 372 Posts.
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    Over the course of the first 2 weeks of July, the
    price of Spodumeme Concentrate has declined
    about $400 USD to $3610/mt, according to SMM.

    Is this fall in price being engineered? or has demand
    really declined?

    Is SMM a reliable source?

    Last year at around this time the price of
    our stock started going on a real tear, partly as a function
    of the high price of spodumeme. Are the shorts anticipating
    that the cost of spod will continue to decline and drag our stock
    price down as well. I can already hear the rantings from the investment
    banks immediately after we release our quarterly report as they focus
    entirely on our lower product sale price.

    The next couple of months are going to be interesting to say the least.



 
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