PLS

1.32%

$3.06 pilbara minerals limited

Think you're better off sticking with you're SFG tbh safer bet....

First 277 Last

Share
Profile

Follow
Gbone9

379 Posts.

42

26/04/18

14:25

Post #: 32696284
Share

Originally posted by AngryPrawn ↑

When looking at a spec share, I have two questions before I invest: what could go wrong? Why is this particular company the one who is going to win?

I'm simply saying you guys seem really optimistic, which is great. I love EVs but to pretend that they're flawless is not helpful. Reality - they make the drive from Sydney to Melbourne longer than the drive today. The "Better place" business model would have solved that, but it was capital intensive and a complete failure. Manufacturers didn't want to standardise battery packaging because cars are different shapes, and people didn't want to lease capacity. Perhaps businesses might. But won't vehicle automation make a huge difference? I believe the better place business model will return, but it will a bunch of car manufacturers to come on board and maybe even a mandated standard.

Then there is the whole energy density question: is Lithium really the right answer? Or are super-capacitors going to be the thing that solve the EV convenience issue? Someone mentioned the 4 minute Porsche - I believe that used capacitors rather than battery. Or more accurately a battery that is more capacitor like than lithium-based batteries. What about gold-nanowire batteries - is the lithium spike really the way of the future - or will be back to the future with industrial uses of gold. How do we know Lithium Ion doesn't go the way of NiCad?

As for "do you even research?"

Well yes, one of the first things I do when assessing any company is test to see how hyped the current holders are - when they're hyped, I get worried. Remember the old traders maxim: "when the tea lady buys shares, sell everything."

By all means believe - you have to if you're going to buy spec shares and sleep at night. I love the optimism here, I'm just not quite there yet on the "this tiny mining company will change the world" thing.

The fundamental technology questions don't put this in my "buy and hold for twenty years bucket", and what this thread has told me is that this stock is likely a more short-run play - I'd be looking for an entry around half the current price with an exit around 50% higher than the current price.

Expand

Think you're better off sticking with you're SFG tbh safer bet. Li will probably go the way of NiCAd. Too risky.

PLS Price at posting: 87.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 2,458 more messages in this thread...

First 277 Last

Add PLS (ASX) to my watchlist

(20min delay)
Last $3.06		Change 0.040(1.32%)		Mkt cap ! $9.210B

Open	High	Low	Value	Volume
$3.04	$3.12	$3.02	$47.88M	15.58M

Buyers (Bids)

No.	Vol.	Price($)
18	321604	$3.06

Sellers (Offers)

Price($)	Vol.	No.
$3.07	269930	12

View Market Depth

No.	Vol.	Price($)
16	216310	3.060
24	433847	3.050
17	226159	3.040
15	134654	3.030
22	95397	3.020

Price($)	Vol.	No.
3.070	212557	10
3.080	99820	7
3.090	95019	5
3.100	172136	20
3.110	260299	11

Last trade - 16.10pm 12/07/2024 (20 minute delay)

PLS (ASX) Chart

Think you're better off sticking with you're SFG tbh safer bet....

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Think you're better off sticking with you're SFG tbh safer bet....

Top Stories

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Bitcoin investors need to know the risks

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News