PAM Thread - What is the future for PAM? Is PAM the next VUL?, page-350

my post didn't make it through earlier.

thanks for the cautionary tale - appreciate your sentiments and sorry to hear about your experience with KCN.

But it does feel a little untimely to be dampening spirits when things are looking more positive than it's ever been for KCN. SP is up more than 100% since start of september with literally no downside (potential ~750mill in damages from the thai government if arbitration does not work out).

I doubt the thai government would want to get into another legal battle with miners who already have licences approved as it could prove to be incredibly costly for them as the case is with KCN. It's all about timing as well - no reason for the government to put a stopper to much needed foreign investment that could stimulate the thai economy especially when tourism is shot right now. Also lithium mining is very much aligned with the thai government's plan to build their EV industry, mining gold doesn't have that added benefit and just seen as precious metals being extracted away from their land.