News | Reporting Season

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

Pilbara is determined to be the best at what it can control.

Carl Capolingua

Lead Writer and Presenter

23 February 2024

∙This article is more than 12 months old and may be outdated

∙1 min read

Mentioned

Lithium

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

ABOUT THE AUTHOR

Carl Capolingua

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

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03/10/2026