Australian (ASX) Stock Market Forum

PLS - Pilbara Minerals

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Going from strength to strength and has not really hit the mainstream news yet. Just love it and a great day today following the Annual Report.

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there's definitely a re-rate in the minds of commentators

2021-22 is the year when the long talked about lithium boom became very real and very profitable. We told you earlier this month that Pilbara Minerals has cash coming out of its ears, especially in the June quarter after a very big 2021-22 financial year. In analysis of the company’s quarterly report we pointed out the surge in output, prices, revenue and cash on balance sheet for the year to June 30.
Click to expand...

On Tuesday Pilbara fleshed out those bare bones in its 2021-22 annual report and accounts and confirmed that lithium is now a highly profitable Australian mining business with considerable upside.

While many investors still think of lithium mining and processing as some sort of pie in the sky speculation, Pilbara’s results and those to come from Allkem and IGO, plus Mineral Resources will show that it is as robustly profitable as beach sands, iron ore, copper, nickel and gold...

www.sharecafe.com.au

Pilbara Positively Rolling in Lithium Loot - ShareCafe

In fleshing out the bare bones of its 2021-22 annual report and accounts, Pilbara has confirmed that lithium is now a highly profitable Australian mining business with considerable upside.
www.sharecafe.com.au www.sharecafe.com.au
 
One of my discretionary winner which kept giving after results .i expect more upside if it get more media coverage and selectedd it for the September competition
I entered positions in ARR at the same time...what a difference ?
We are in September: kind of ready for crash this month so gold would not be useful yet..majors would fall ..only BBOZ types or isolated winners could survive in such case.PLS might be one
 
qldfrog said:
One of my discretionary winner which kept giving after results .i expect more upside if it get more media coverage and selectedd it for the September competition
I entered positions in ARR at the same time...what a difference ?
We are in September: kind of ready for crash this month so gold would not be useful yet..majors would fall ..only BBOZ types or isolated winners could survive in such case.PLS might be one
Click to expand...
DJ overnight dropped more than 1000 pts. I expect carnage market on Monday. Was going to hold a parcel for long term bought at 2 plus, decided to take my profit n dump it but will be entering it when it drops to 2 plus.
 
Rabbithop said:
DJ overnight dropped more than 1000 pts. I expect carnage market on Monday. Was going to hold a parcel for long term bought at 2 plus, decided to take my profit n dump it but will be entering it when it drops to 2 plus.
Click to expand...
So do i cf carnage but i think we will see island of relative stability and crossing finger,pls is one
 
Will it take a pause, or simply march on as it has done of late.
 

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Lithium is being described as a silver gold. Very pleased to be into this. Should now move into the ASX top 50 which will gain more general support. Production continues to increase as with the lithium price.

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I think we can agree that it is extended, now testing those highs of the start of the year.
Blue 50dma rising rapidly to meet the red 200dma....
 

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