I'm glad someone is speaking for investors who have NOT been here since 4c (we do exist you know). I first bought in October and held because I believed in the quality of the resource AND in the fact that unlike other startups PLS would soon have and income (from TT). Naively, I believed the TT announcements that kept coming (including one on the 29/10/2015) which stated: "Mining Underway at Tabba Tabba" in the headline. For those who don't quite believe me
HERE is the link. At the time I had a sale order on my shares for 32c which would have allowed me to get out with a small profit. Believing that an ASX listed company could not make such an announcement if it was untrue, I stupidly cancelled that sale oder. After all, this wasn't Argentina where I was eyeing another Lithium investment: ORE.
The SP got worse, but the Pilgangoora and TT updates kept coming and I kept believing. Then in November came the trading halt and the 23c a share CR. I don't need to link that one do I? Just let me say I wasn't too happy with management at the time. However that fiasco did give me a clear bottom and when we inevitably hit it, I quadrupled my holdings and have been a bit happier since.
I know a lot on this thread are sitting on 10 baggers and I must admit that if I was, I'd be really grateful to management and might believe they could do NO WRONG. But I'm not sitting on a Disallowed and I'm not impressed with PLS management; basically I think they have been lucky.
I have invested heavily in Lithium because I believe that the technology will disrupt the biggest sector in the economy: the energy sector. I hold: AJM, NMT, ORE and PLS. PLS has performed brilliantly, except that all the others have done a LOT BETTER for me.
I want to repeat what OZ has said: "
We have 2 more days for the first week of March, and I'm hoping they get it right and learned to do things ON TIME".
Because if it isn't on time, I for one, a NON-Disallowed investor, wont be hanging around for a rerun of TT. I'll be switching those funds to AJM (I've been tempted for a while anyway). And if I don't hold, it's possible some of the other non 10-baggers like me wont either. And if that happens then the 10 baggers investors here might just become 9, 8, 7, 6.... bagger investors.
(20min delay)