PLS 0.69% $2.90 pilbara minerals limited

Spod keeps on falling and now down to $910US/T just when we...

  1. 3,860 Posts.
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    Spod keeps on falling and now down to $910US/T just when we thought it had leveled out.
    My sentiment is no longer buy but hold. I'll only go back to buy when it starts to spike
    upwards over a few weeks not the odd spike. SO far we've not seen any spikes upwards for months. It just keeps on free falling like a brick.

    The junior miners will go under far sooner than later.

    PLS cost price they might get it near $500US/T which still means good enough profits
    but I think many will start bailing out soon if not now.

    https://hotcopper.com.au/data/attachments/5974/5974180-960f310164e1af6bfa8b47c26803ccc4.jpg

 
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