PLS 5.84% $2.90 pilbara minerals limited

|i|i|i day, page-117

  1. 135 Posts.
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    Makes zero sense for them to get into lithium mining. If your stock trades on an astronomical PE or Price/sales or whatever measure.., why in the world would you go and throw capital at starting a Li mine? with all the time lags, permissioning, enviro problems etc....The analysts would crucify the stock. It simply is comical and makes no sense. Therefore as many have pointed out, he's just doing what he can to get his input prices down..... fair enough.
 
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