Ann: A$100m Institutional Placement, page-91

$14bn for PLS

or $2Bn for CXO with same roadmap.

This is a $5.00 stock by 2024.

I'm still calling $3.00+ by Christmas.

Why ? It was $1.68 and in its way with cashflow and production coming a week or so ago....

Nothing has changed in fact the company is now in better shape than a week ago.

The SP will catchup and shorts will now be the engine ro $3.00 by Christmas.....they have 135m to 150m shares to buy back....with no waaay they get them at $1.10....they'll struggle to get out of this at $2.00....borrowing ain't the answer for cash cows. They have to close.

If the BIG buyers this week of Gangfeng and the placement buy a little more they'll ignite the short squeeze. Added bonus.

Alot of shorts should be miserable this weekend. Their profit is an illusion, they have to cover and find 135million shares quickly to get it.

There are only 8m on screen to $2.00 right now....that's 20:1 ratio or a month or two of buying to close at least if not longer.

Sounds like the placement went to North America mostly...Gee I wonder who is there....?? Can't wait to know who has been buying here.

Tesla...or Rio, PLS, NT Super, Aust Super, Future Fund ?? North America tells us its not Asian or Aussie Hedge funds that did the shorting.