I listen to the opinion of each poster on here, and do not necessarily weight one above the other purely because of their popularity, how much they are worth or how long they have been holding. The same goes for you mate - I listen.
I would ask the same questions for ANY 'developer' on the ASX right now and they would not be able to answer any of them with any degree of certainty purely because they have nothing but the value of the asset itself to rely on - This includes PLS until they have paying customers and production rolling out of the door to actually CONFIRM what they are saying in the DFS comes to fruition - That is the truth.
Please do not treat these LOM, financing, potential delay issues as if they are just unique to GXY when 1 x asset is already generating revenue, with 2 x assets are soon to come online. How many other lithium plays are in this position on the ASX with three lithium assets AND the relevant experience from lithium boom Mk1? Please ask the same questions on other forums as well and see if you are satisfied with the response - You will not get an accurate answer because there is nothing tangible to base facts on, just theoretical values from the DFS.
To keep it short, the risk is mitigated heavily for GXY with Mt Cattlin, James Bay and Sal de Vida. I am not dodging your question here - I simply do not know some of the answers since I do not have a crystal ball, some of them will be revealed in due course, and some of them will be revealed over time as production pans out. The answers to them also depends on SO many factors which are controlled by the macro environment, which are applicable to every single company on the ASX.
I hope all goes well for PLS too mate, I have always been supportive of the industry as a whole and many of my mates hold across the board - All varying stages.
Please just set an example for your fellow holders by initiating logical discussion, not just when there is a potential 'issue' that is plucked out of nowhere when there is so much else going for the company, or as if the company has gone bankrupt right at the start of the boom when they are literally one of the only independent lithium producers in the world.
M92
