PLS 5.83% $3.07 pilbara minerals limited

The wonderful thing with PLS is that time is our friend. The...

  1. 10,592 Posts.
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    The wonderful thing with PLS is that time is our friend. The longer we linger around the 1.20 the lesser chance there is that it falls back. As we move closer to production, updates on Francisco and further off takes and JV’s , I will be very surprised if this stays under $1.50 for very long. All this with increasing awareness of the EV revolution that is unfolding around the world. Also don’t underestimate the power and security of a company that is producing in WA and experienced mining State a hop and a skip from China. It beats hands down all other competition in Africa and even South America. Regardless of the how large the resource is and how experienced management is one thing the companies in these locations can not control is the political risk. One military take over and the dynamics and risk profile will change dramatically there as we have seen in the past many times before. While PLS might not be the best company on the ASX it’s all the bloody way up there in my book.
 
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$3.07
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-0.190(5.83%)
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$3.19 $3.20 $3.07 $96.53M 30.85M

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No. Vol. Price($)
41 815921 $3.06
 

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$3.08 309816 3
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