PLS 1.37% $2.88 pilbara minerals limited

Good News & Bad News, page-33192

  1. 2,168 Posts.
    lightbulb Created with Sketch. 296
    definitively there is an upside to pls and any Li producers

    but the world must over come a recession first - as forecast by so many.
    this maybe trigger by jhina property debt and poor economy.

    companies are still building battery factories in USA and one will start production in 2024 - that less than 6 months away

    The Li boom is not over - just delayed due to jhina mis-management of their economy and thinking that they dont need the rest of world(ROF)

    My first guess will be around $3.50 - look at the past 2 drop. And if it drops lower - average down more.
    worst case - $3 or below - that makes it crazy price and the world will jump in.

    Now apply the latest economic information - jhina debt crisis, usa stimulus and european recovery / economic struggle - and if any one of them fall - the world will fall into recession. But after recession - recovery and PLS will be a major winner.

    PLS can easily work through a recession and continue to make millions. - and sp will reflect this

    So i am not to concern about the drop

    Just like alot of investors who are greedy - they want to buy more at a cheaper price - ready for the boom time in 2026 or 27.


    https://hotcopper.com.au/data/attachments/5574/5574497-fe52a91af0f56086f571c142997af6bf.jpg


 
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