Blue Ocean $2.50 Strategic Price Target Report, page-21

It's fair to say that since MIN entered the picture, PLS has wobbled. I understand the uncertainty regardless of the assurances from Ken, the analysts, etc. Humans are sometimes irrational - exuberance on the upside thinking the sun always shines, and equally exuberance on the downside (the earth is falling and it's dark skies ahead forever). We're encountering a bit of the latter of late and the general interest in the lithium market has waned a tad. But I encourage you not to forget what happened late last year/early 2016. The SP surged to 40c only for it to retrace by 50% to the early 20's. I'd encourage you to recheck the posts back then. Comments to the effect the PLS was piss and wind and 10c was on the horizon. Sounding all too familiar? We all know what happened next - sharp rise to 87c with the inevitable pull back (almost 50% to mid 40's, no different to the pullback from 40c to 22c late 2015/early 2016). I don't think I have to labour the point but I will make the comment that sentiment can change very quickly. Resolution of the legal dispute, off-take agreements signed (let's face it, ours is a story of a long list wanting our product. We should be concerned if demand was lacking), etc and boom, the sp can be lit in an instant second. Just keep these thoughts and the past in mind.