Australian (ASX) Stock Market Forum

PLS - Pilbara Minerals

explod

explod
Joined
4 March 2007
Posts
7,265
Reactions
970
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.

1661325223923.png
 

Dona Ferentes

I'm moderate
Joined
11 January 2016
Posts
7,656
Reactions
8,612
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.

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...

 
Joined
8 June 2008
Posts
9,398
Reactions
11,637
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
 
Joined
14 November 2021
Posts
221
Reactions
374
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.
 
Joined
8 June 2008
Posts
9,398
Reactions
11,637
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
 

bk1

Follow the money
Joined
28 June 2020
Posts
167
Reactions
161
Will it take a pause, or simply march on as it has done of late.
 

Attachments

  • PLS 2022-08-31 171432.png
    PLS 2022-08-31 171432.png
    101.4 KB · Views: 4

explod

explod
Joined
4 March 2007
Posts
7,265
Reactions
970
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.

1661930677217.png
 

bk1

Follow the money
Joined
28 June 2020
Posts
167
Reactions
161
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....
 

Attachments

  • PLS Sept 2022-09-06 105746.png
    PLS Sept 2022-09-06 105746.png
    96 KB · Views: 3
Top