PLS 0.69% $2.87 pilbara minerals limited

Thanks for the fantastic comparison FH As things stand now, imo,...

  1. 1,831 Posts.
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    Thanks for the fantastic comparison FH

    As things stand now, imo, there is much greater low risk upside to holding PLS and capturing huge gains over the next 2-3 years
    AVZ has many hurdles to cross and IF all goes well, can expect to be a producer (as I understand it) by 2020 at best. Who knows what the lithium landscape will be like in 3 years time.

    Although in the short term I think I could jump on AVZ and grab a nice SP spike on some great news, I got a good entry on PLS and am sitting on good profits with imo almost no risk. With production 2 quarters away, likely entry into ASX 200 by early 2018 if not before, I think the risk/reward profile of PLS is just far far superior to AVZ, taking nothing away from the likely resource they are sitting on.
 
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