Valuation for PPK?, page-126

The crowd will ebb and flow with enthusiasm but ultimately what matters is these guys deliver on production the main product and sells it all for a decent margin. Anything less than this will be to the graveyard of broken dreams for PPK. Today your paying about $250 million for my thesis (if we strip out the 50% LIS shareholding). It doesn’t seem that demanding given the opportunity to be the worlds FIRST company to deliver this product in a profitable method.

I dont pay to much to others enthusiasm, the fewer people that can could persuade me, the better aligned with my own personal investment style and objectives. However I do care about company specific insights that make me more aware of my new PPK investment, good or bad, usually it’s the bad I like (especially delivered from those who articulate important risks that are devoid of emotion) and this is why I lurk on these pages. Sifting through the noise of greed and fear to uncover very sound , smart, brilliant investors that also lurk these pages. There are some, believe me. then I try to LISTEN.....