Wodgina just sold 50% for $1.6bA, page-184

I’m not a fan of Siva with all due respect to him lol but his questions about the above are actually valid points in my opinion and need some analysis as to why the significant difference in valuation between Wodgina and Pilgangoola IF like you all say they’re virtually the same size and quality resources?

I have no idea if this is correct or not but could it be that big players are no longer interested in Pilgangoola because PLS went ahead and has already on sold the concentrate for Stages 1 & 2 probably at significant discounts to current spot prices? Could the same negativity around this affect a potential TO in future?

There’s got to be reasons why the massive difference in valuations and it’s not as simple as the market hasn’t woken up yet blah blah blah

I own a small $30k position of PLS at 82.5c and think it’ll be fine but I’ve been wondering why the above lately as well - what the majority of people on here are saying vs what the market is currently thinking is a million miles apart and usually the market wins!