PLS 1.68% $3.03 pilbara minerals limited

Indicators looking good, page-55

  1. 373 Posts.
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    Thanks Lies, that was a very worthwhile listen.
    I can just see Cooper recently shaking his head
    up and down when he heard of our recent auction
    and the price we received. All the billions the battery
    makers have invested in expanding capacity. All
    the retooling billions the auto manufacturers have invested
    in new plants and electric models. All these wizards who assumed
    lithium would be readily available and if you needed more, well just
    open a mine. Was the $1250 auction price merely the opening salvo?
    Maybe I heard Cooper say what I wanted to hear him say. But it sure sounded
    like the sh t is about to hit the fan as it relates to the lithium supply/demand equation.
    Anyone considering a sale or partial sale needs to do themselves a favor and
    monitor a few more of these BMX auctions.
 
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