PLL News: Here's Why We're Not At All Concerned With Piedmont Lithium's (ASX:PLL) Cash Burn Situation - 5th Jun 2023, 11:32am

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There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So, the natural question for Piedmont Lithium (ASXLL) shareholders is whether they should be concerned by its rate ...

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