PLS 6.54% $2.86 pilbara minerals limited

Massively undervalued, page-742

  1. 10,658 Posts.
    lightbulb Created with Sketch. 4371
    What is important is that the PLS's story is in a perfect storm.

    1) We have outstanding, experienced management
    2) We are in the right location
    3) No sovereign risk
    4) Close to port that can handle large mining shipments
    5) One of the lowest OPEX of the hard mining industry
    6) We will supply 10% of the current world lithium needed by 2028
    7) Rising LCE prices to a number of multiples from today's prices
    8)Declining AUD vs USD
    9) Increases in resource size, with Mr Francisco to be explored
    10)First shipments in Q2 2018
    11)ASX 200 entry shortly
    12)Lithium prices are inelastic, meaning have little impact on EV pricing
    12)Lithium can not be stored long term, opposed to many other minerals
    13)No replacement on the commercial horizon for atleast a decade or two
    14)Massive world wide investment in EV's, commercially and Government

    This is totally de-risked and I can't see any way but a long, long way up with the SP. In my 35 years of investing, I have not come across to an other life changing opportunity.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.