I am now 83 and not in the best of health.
I have been a regular member on this forum
and a PLS shareholder since 2017. I am increasingly
convinced that many of us back then were older investors.
In fact, too old to be invested in what seemed on the
surface to be a very high risk pennies stock. Folks
like Moewee, MS, O.C.W.A, DFS, Oldboy, just to name
as few. lol.
So I direct this posting to you since in 2019 and 2020 we
held fast during a very tough time for PLS.
I am currently reminded of the very old cartoon Pogo in
which he states..." I have found the enemy and he is me..."
Today, PLS seems hell bent on producing greater and greater
levels of spodumene. Why? Didn't this effort contribute to
how far the price of spodumene has fallen? Were they motivated
to do this in an effort to drive away potential competitors, i.e. Core?
Or was it to reduce the viability of that crap being mined in China?
How much impact on the price of spodumene could PLS have had had they
halted expansion efforts? How wrong am I in thinking that the Australian
miners had the Chinese by the balls.....bigtime. Hadn't the Chinese just
had us by the balls and they squeezed.....hard.
Had the Australian miners ALL slowed down in concert, where would the price of
spodumene actually have settled? And one last question. Why did KB
actually and suddenly leave? Did he want to go in that direction that his
customers and some of his big shareholders opposed?
regards
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View Market Depth
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12 | 119629 | 3.020 |
6 | 50011 | 3.010 |
54 | 211167 | 3.000 |
11 | 153088 | 2.990 |
Price($) | Vol. | No. |
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3.060 | 10330 | 1 |
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