"So if unknown drill results are certain is the MRE also certain? Is the PFS results also certain?"
I would say as certain as you can be. The resource isn't in doubt, for me its obvious its a beast, only the short term share price fluctuations, and potential to trade. That was my point (however unclear I conveyed it).
I was on PLS in the early days when Pilgangoora was but a twinkle in the three amigos eyes ... and TabbaTabba went belly up. We were just starting to understand the lithium resource and then as NB declared his love for Elon Musk, as we started to drill out the massive resource.. Thing was despite the 100mt jorc resource proved, about 4-5 years ago the sp went from an initial high of $1.47 and fell to 13.5c. Despite all the drilling, financing, mine build and off takes. Yes its a slippery slope thinking you know what something is worth, and then the market goes and does the opposite. . quite often.
PMT Price at posting:
95.0¢ Sentiment: None Disclosure: Not Held
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