PLS 2.07% $2.36 pilbara minerals limited

October Charts !, page-544

  1. 2,496 Posts.
    lightbulb Created with Sketch. 2051
    Not so fast my friend. Almost completely de-risked? We haven't even processed a single ton! There could still be a lot of pain: Cost blow outs, equipment delays, process not working as expected, stuff blowing up, no reaching capacity, ore variability, issues shipping out of Port Hedland, weather...

    Don't get me wrong. I have a huge (crazy!) proportion of my funds in PLS. But I am an engineer and a realist too. Hope we can all stomach some bad news when it happens. Thus for me, I'm dropping a parcel once I got the first bagger of my life - ever - and build up a war chest to jump back in when all you optimists get disillusioned.

    Don't trust me though. Until PLS I have made all the wrong moves in the market!
 
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$2.36 189205 5
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