PLS 1.31% $3.02 pilbara minerals limited

Good News & Bad News, page-32482

  1. pc3
    2,301 Posts.
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    There are a issues that are impinging on the share price for sure;

    The circa 8% shorts basically the BEOT moving shares around among their various entities (simplistic analysis)

    Jitters out of China Evergreen/property etc.

    And I don't believe the Ukraine situation helped us either.

    I would also add that over the past few years the share price appreciation has been nothing short of spectacular (unicorn territory) and my gut tells me that over the coming 5 to 10 years as the business matures and the huge growth initiatives "already locked in" come on line that the graph below will continue on it's current trend. Remember PLS, really is still only in it's infancy, wasn't that long ago it was only a dream and a couple of drilling crews on a tenement.

    I really don't think people appreciate how complex these projects are and how much capex, time and expertise is required to develop and make them profitable. It isn't a milk bar they are running.

    I also don't believe many people really understand "investing" and building wealth and the time that takes. The majority of people who become wealthy have done so through steady systematic investing and living below their means, it hasn't happened over night (just as PLS's successes haven't). PLS is now an excellent vehicle to help build wealth over the long term for retail holders.

    How many stocks on the ASX have performed as well PLS has performed over the past decade, it would be very few I am guessing.

    I ask you @RonW90 what more can they be doing ? I think Dale Henderson is doing a wonderful job.


    4.70 AUD+4.57 (3,515.38%)all time
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    More recently a few jitter's out of China, Evergreene/property etc.

    I would also add that the share price appreciation over the past 5 years has been pretty spectacular, and my gut is telling me that the next



 
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