PLS 2.96% $4.18 pilbara minerals limited

Down memory line, i bought MQG on 9mar09. I wish i was wise...

  1. 307 Posts.
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    Down memory line, i bought MQG on 9mar09. I wish i was wise enough to keep it.
    With all these talk, it shows no one can predict the sp, no matter how good your TA or FA is. There so much more to a successful trade. Human psychology, emotion, timing etc.
    Personally, for me, i want to be part of lithium ion battery journey. I came late (Q3 2016), from my reading, PLS was the standout one with huge quality resource in great location. The ev growth has barely started. I don't care that much with short term sp fluctuation. The end game is when ev can compete with ICE which should not be too far away (2-4 years?). I believe once ev can compete with ICE, the transition will be really quick. New emission regulation particularly in europe together with competitive ev will kill ICE in no time. I don't believe OEM will sale ev and ice together for more than 10 years.

    Good luck to you all
 
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