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PLS - Pilbara Minerals

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


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...

 
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
 
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.
 
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.
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.

 
Will it take a pause, or simply march on as it has done of late.
Whatever the result will be. I just took the 100% profit today n shall wait for another entry. Will it be around 2 plus again, I don't know.
 
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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