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$2.85 pilbara minerals limited

Couldn't has said it any better 1mike1, PLS ticking all the...

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05/04/17

11:26

Post #: 23869590
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Originally posted by 1Mike1 ↑

Nice find.
The pricing is not much of a concern to me. I know that Australia is not the only country looking for lithium, preparing to go mining or mining already. So It will become quite competitive but not for some time. We will be shipping by that stage and the share price will look different. Dividends I believe around that time for PLS holders.
If things change significantly by then (2020 ) we can sell prior that with good profit. By 2020 if we are still mining and a T.O. hasn't happened everybody should be in the green easy. Good profits I believe.

These companies have targets to meet and as they iron out the kinks it should become little cheaper for Battery Producers.

PLS is not a battery producer, we will just supply a small part of makes a battery. Dig it out, run it through our plant and ship it. Pretty simple process and not expensive. Winning.

The demand for lithium is big and our lithium is good quality. I have no doubt eventually our share price will be past where it is now.
Nothing to worry about at this stage. Maybe wayyyy down the track.
This is not financial advice just another share holder opinion.

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Couldn't has said it any better 1mike1, PLS ticking all the boxes and will be productive at the right time to supply the demand

PLS Price at posting: 42.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.85		Change -0.030(1.04%)		Mkt cap ! $8.582B

Open	High	Low	Value	Volume
$2.86	$2.87	$2.78	$46.76M	16.52M

Buyers (Bids)

No.	Vol.	Price($)
1	2708	$2.83

Sellers (Offers)

Price($)	Vol.	No.
$2.85	123365	7

View Market Depth

No.	Vol.	Price($)
1	2708	2.830
3	22381	2.800
4	21515	2.790
28	190242	2.780
14	539259	2.770

Price($)	Vol.	No.
2.850	123365	7
2.860	102190	10
2.870	21250	3
2.880	74712	10
2.890	16991	5

Last trade - 16.10pm 31/10/2024 (20 minute delay)

PLS (ASX) Chart