As AJM gets closer to production, 100 mil profit/year requires a significant re-rate. So I don't think its all PLS (I do agree that good news for PLS = good news for AJM and honestly wish PLS a stellar rise too!). The SP has to increase as we start getting towards a complete, producing mine. I also don't think the 3:1 ratio will hold anymore. AJM will be producing first most likely and it will be impossible to hold that mythical ratio.
