PLS 2.60% $3.00 pilbara minerals limited

I bought 10K at $3.27 recently which I had thought when it went...

  1. 3,761 Posts.
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    I bought 10K at $3.27 recently which I had thought when it went as low as $3.06 that was as far as it would drop to.
    I waited until $3.27 and murphes law being as it is its since went the other way.

    Think longer term though. They at 680K of spod in the last year and will be up to 1m spod this time next year
    by then the stock might be well over $6 a share then they doing a study for late 2025 to see if they can crank
    it up to 2m tonnes a hear by 2028.

    The stock price by then might be over $10 a share.

    It may look grim now.

    Many lithium mines have stopped production due to losing money and may well fall leaving
    the bigger boys. PLS still making good profits.


 
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2 980 $3.00
 

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$3.01 39640 5
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