PLS 2.81% $3.11 pilbara minerals limited

PLS has been an amazing opportunity for my family and I.This...

  1. 988 Posts.
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    PLS has been an amazing opportunity for my family and I.
    This analysis is a little sobering going forward as it is not painting a brighter future.

    I think one of the things this person has missed in his analysis is this:
    https://hotcopper.com.au/data/attachments/5682/5682689-81ad7a6fe31af893a1ee11f414936110.jpg


    Which is how Joe Lowery sees things too.
    Therefore at a minimum the spod price can remain much higher for a lot longer bc of this growth in demand
    Sure the principles re what he is saying that raw material cost will fall as mines come online but the timing will be different in all commodities due to demand.
    He probably got his future spod price predictions from GS who we all know are not in it to help investors make money
    PLS will also have the opportunity to benefit from downstream processing.

    Im not changing my investment decision on this piece of analysis but will keenly observe over time how we fare in relation to it


 
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$3.12 1870994 18
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