PLS 0.64% $3.11 pilbara minerals limited

News: PLS UPDATE 1-Pilbara Minerals' Q2 revenue halves, focuses on cutting costs, page-15

  1. 11,876 Posts.
    lightbulb Created with Sketch. 2160
    yes, Sunny, there seems to be an inordinate volume of spurious, media negativity of late around EV's. And then there's Liontown's bank advisors Wood McKenzie reporting a surplus of lithium through to 2028 rolleyes.png, which scuppered LTR's syndicated financing deal. Not to mention Toyota saying (Bloomberg) that EV's will only reach 30% penetration.

    1. Spurious negativity because the media live and die on sensationalism, so any wakadoodle that writes or Youtubes crazy ass BS with a manipulated spin on a topic of such world paradigm changing importance gets airtime.

    2. Could Wood McKenzie be right about an oversupply until 2028 when the supply side is imploding all around us in the first weeks of 2023 and with eyewatering speed due to the cyclical low of lithium ? Hardly possible, the lithium astute would think when observing severe lithium mining stress (pullbacks) to almost every mining producer, near producer, and explorer, so I think not wink.png.

    3.
    Poor old Toyota has been banging the EV negative drum for years while they burn rubber tying to catch-up on their failed hydrogen dreams.

    Little truths will always usurp the big lies because the truth never tells a lie. Author unknown... to the anonymity of HC cool.png
 
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