PLS 0.94% $3.16 pilbara minerals limited

South Korea's POSCO signs long-term deal to buy lithium from Australia's Pilbara, page-92

  1. 2,545 Posts.
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    Wow! Another master stroke of our master strategist KB with a beautifully scripted sequence.

    Shorts at ATH, everybody wondering why, rumours of delays and cost blowouts. Even a great PFS don't dent that sentiment.

    Next, a rock solid presentation ann on progress with words oozing confidence without arrogance and professionalism. All rock solid, matter of fact: We are just getting on with the job, no delays, no cost blowouts, nothing gets in our way. We stay focused on the task at hand (building a world class Li miner and processor), while in the background, without anybody having a hunch, they are working on huge strategic deals.

    Then, bang, the next major offtake ann with yet another massive positive twist: 30% participation in processing facility. And, I bet money on that, there will be no extension of TH. If anything, they come back earlier. Rolling like a steaming, oops EV, train!

    All while building a mine, getting DSO shipped to get in early cash, working on Stage 2, thinking of Stage 3 and Mt Francisco, and most promising of all, and IMO, hardly noticed/factored in by the market yet, working on a huge strategic play of becoming massively involved in the downstream processing, value add activities. Moving from a dumb miner (shipping ore, which is actually very clever right now) to processed ore to the final end product!

    Wow! What a company in the making. Stay the path KB and team.

    I can see this becoming future lecture material on how to do it!
 
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