Ann: Royalty Relief Secured, page-30

No idea what your motivation is, however know that many welcome all points of views on these threads.
I disagree with your perspective given the fundamental improvements for PLS at company level - refinance / derisking the balance sheet, bargain acquisition, greater leverage in pricing negotiations - and key indicators that the long steady fall in pricing has come to an end for Li Chems as well as substantial initiatives from significant Nations and Economic Communities keen to accelerate adoption of energy storage alternatives to fossil fuels.
I do agree that if one was to look at current earnings and the past 2 years of pricing that valuations sector wide appear high, but IMO best not to be too myopic.
I would hate to think that I fell into a pool of Kool-Aid and dismissed negative viewpoints out of hand.
We can agree to disagree for the moment, unless you can change my mind.
Please do your best because frankly you may well put forward a viewpoint I or others have not considered.