PLS 1.19% $4.15 pilbara minerals limited

Ruthless

  1. 10,947 Posts.
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    It has become apparent that the Oz lithium sector is now a major world supplier; we hold the winning supply cards. So why are we still price takers and not price makers? That doesn't have to be the case - not now. Now we are in the position to be an OPEC - a price maker, a manipulator of supply. In business you have to be a tad ruthless to survive, and the Oz lithium sector is now powerful enough, given demand, to wield some OPEC like power. If we were smart like the Arabs we (OZ), as a major producer of the most critical metal in the new energy world of batteries, "could and should" be setting the price by manipulation of supply according to the level of demand. Its time to be ruthless - to the world we can now say the price of refined spod is now $700 to be reevaluated every month. If the Oz spod producers formed an OPEC like organization to set the market price what choice would the buyers have in this current environment, but to accept our market dominance. ITS TIME TO BE RUTHLESS wink.png.
 
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
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