"Sorry , but it is a pointless comparison and not a valid assumption."
FFS I strongly disagree with your statement. If you're going to disagree, then put up some evidence to support it. Bland statements such as yours are insulting and a waste of time.
Perhaps you've been asleep for the past few months but the PLS share price has risen in concert with other Stage 1 producers like ORE and GXY. ACGM provided this graph some time back which supports this.
ACGM said it, I said it, h00ts and many others said it as well. It was rare when the PLS share price decoupled from these other 2.
All the Companies in my post have one thing in common and that is they are all part of the EV/ESS energy disruption. People have been doubting this energy disruption all this century but in recent years many, many diehards are now seeing the light and converting. The whole Lithium Ion battery chain is being validated.
Look at the graph. We went up in concert with ORE and GXY. They had no news. We had the refinance, ALO takeover, costing success and now a cash flow positive quarter. Yet while our share price only rose in concert with theirs, it has now fallen twice as badly. Go figure.
PLS Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held
(20min delay)