Reporting Season

Pilbara Minerals CEO: Beware the short squeeze, prices can turn quickly

Fri 23 Feb 24, 3:43pm (AEST)
Livewire's Carl Capolingua (left) and Pilbara Minerals CEO Dale Henderson (right)

HIGHLIGHTS

  • In this interview, Pilbara Minerals CEO Dale Henderson talks about the companies latest results and navigating a period of significantly lower lithium prices
  • The company is continuing to increase production at its Pilgangoora project, meeting targets such as the P680 and P1000 initiatives on time and within budget
  • Pilbara Minerals remains profitable at current lithium prices, although significantly lower than peak prices, and maintains a substantial net cash buffer of $1.8 billion
  • CEO Dale Henderson's approach to the current situation is focused on excelling in areas under the company's control and avoiding distractions from external factors
  • Henderson acknowledges the potential for short sellers to target Pilbara shares, hinting at the possibility of a "short squeeze" and warning against betting against the company

Created By

Carl Capolingua

Fri 23 Feb 24, 3:43pm (AEST)

Get the latest news and insights direct to your inbox

Subscribe free