PLS 0.00% $3.94 pilbara minerals limited

I am now 83 and not in the best of health.I have been a regular...

  1. 372 Posts.
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    I am now 83 and not in the best of health.
    I have been a regular member on this forum
    and a PLS shareholder since 2017. I am increasingly
    convinced that many of us back then were older investors.
    In fact, too old to be invested in what seemed on the
    surface to be a very high risk pennies stock. Folks
    like Moewee, MS, O.C.W.A, DFS, Oldboy, just to name
    as few. lol.

    So I direct this posting to you since in 2019 and 2020 we
    held fast during a very tough time for PLS.

    I am currently reminded of the very old cartoon Pogo in
    which he states..." I have found the enemy and he is me..."
    Today, PLS seems hell bent on producing greater and greater
    levels of spodumene. Why? Didn't this effort contribute to
    how far the price of spodumene has fallen? Were they motivated
    to do this in an effort to drive away potential competitors, i.e. Core?
    Or was it to reduce the viability of that crap being mined in China?

    How much impact on the price of spodumene could PLS have had had they
    halted expansion efforts? How wrong am I in thinking that the Australian
    miners had the Chinese by the balls.....bigtime. Hadn't the Chinese just
    had us by the balls and they squeezed.....hard.

    Had the Australian miners ALL slowed down in concert, where would the price of
    spodumene actually have settled? And one last question. Why did KB
    actually and suddenly leave? Did he want to go in that direction that his
    customers and some of his big shareholders opposed?
    regards
 
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