facts are facts..., page-31

Anton, SB went back to a MC of $50M for a very good reason, if the price of gold had stayed down around the $US1050 mark, with the $A still high, they would have gone bust due to their costs and debt.
Anyone buying them at sub 10c was betting on the price of Gold going up.
No-one here is betting on the price of lithium going up, it just has to stay the same and this company will be fantastically profitable.
Do you not see a HUGE difference in risk right there?? Because if you can't see it I'll tell you with some conviction that it DOES exist.

If the price of lithium falls, then we at PLS will still be making good money, but it looks like going up instead. If the price of Gold had fallen more for SB it was pretty much a certainty to go bust.

You are comparing apples with octupuses legs, so IMO we will not and CANNOT go to $50M MC and any suggestion is nothing but blatent down ramping with no evidence.

Could you please have a tiny shred of evidence before you make up such a silly statement. PLS has $95M CASH in the bank, so that is close to having $95M in MC before you start on the resource worth many BILLIONS of dollars.