PLS 0.00% $2.85 pilbara minerals limited

Good News & Bad News, page-42652

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    A company that weathers an 80% decrease in the sale price of their product over 12 months and still turns a profit is a keeper. PLS is in the process of doubling their output without having to borrow for capex. What's not to like.
    Meanwhile BYD is setting off a bomb under ICE vehicle manufacturers with a mass of high quality competitors. Television has always been swimming with expensive ads by ice manufacturing monopolies. This will continue for a while as the ice folk try to shore up their cash cows, but the writing is on the wall and there is a white elephant in the room.
 
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