PLS 0.69% $2.87 pilbara minerals limited

Good News & Bad News, page-43278

  1. 16 Posts.
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    I genuinely see no issue with the low spot price or current over supply if true (highly doubt it). If your long term PLS/Lithium/EV and believe in the transition taking place these low prices are only benefiting us. Short term pain long term gain. Any potential producer is doing it a lot harder than us. Their SP's have been smashed, they can't raise without major dilution and nobody is funding in this environment.

    I see it similar to current interest rates. Selfishly I hope they continue to rise, keeping many out of the market and forcing others to sell cheaply... PLS while making a profit, producing as cheap as anyone in the world and sitting on a decent stack off cash are primed to come out of this very well whenever that may be
 
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