IBB, no arguments - agree with all you say! A great deal has been achieved in a short the period & slippages are the norm in this industry - even the big Kahuna's such as BHP B , Vale & RIO have their challenges & often fail to meet project deadlines. PLS hasn't helped itself by not meeting key dates re finance, binding agreements, etc. Explains the self off but as you say (& as I mentioned re big picture) if you believe in the PLS story & you have surplus cash, this could present a great buying opportunity. Same happened with Sandfire (SFR) back in 2009 - proved an exciting copper resource, huge run up in the sp & then 12 months of lower sp as the company transitioned from explorer to producer. Anyone who bought during this transition period still realised 400% gains, not insignificant (& we had a GFC). The parallels between PLS and SFR are striking (I posted as much a while ago). We all know the Ol' saying, no guts no glory.
News: PLS Pilbara Minerals receives native vegetation clearing permit, page-37
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |