PLS cash flow problem AFR article, page-16

These so called analysts and market specialists all missed the boat, arguing oversupply of lithium either via brine or hardrock whilst others argued the case that carbon based fuels are and will continue to dominate the market.

It's now 3 or so years since Pilgangoora was discovered and what has changed since. Demand for lithium based storage has rapidly increased and prices continue to climb and will most probably continue to do so. Besides the AVZ Congo based discovery, i haven't seen any other major discoveries. The brine sector continues to plan expansion, but i should note that demand is rising at a faster rate.

Many companies have done their research and development, billions of dollars spent in manufacturing and preparing for increased uptake of battery storage. Any new technology is going to have to provide compelling benefits for any transition.

These analysts have been wrong all along. lol. Two financial experts were telling me i was mad to have several million shares when the SP was in the $0.30s. They suggested i close out my position and invest elsewhere. Yep. These guys have been guessing the entire time, arguing for industries that have been dominant for the last few decades. I'm thinking they'll be wrong again. I've been sure you keep a copy of that article and will repost in Twitter in a years time, making sure to tag the fellow who suggested a short on PLS.