Ann: 2020 Annual Financial Report Announcement, page-83

Thanks mate. I have been holding PLS for a number of years, just not as vocal on the HC threads simply because my largest holding has been with GXY because of cash on hand and debt free. Since PLS increased their cash on hand I have been accumulating more frequently with PLS since the corona up turn. In essence, I try not to repeat myself by posting in two places, but I am an active follower and most people here would recognise me by my likes.

Just as you suggested to Gcar I have also started accumulating some nickel, in particular WSA because of their cash in hand and no debt, but looks like the shorts are trying to do some magic there. But, if you look at the nickel price, it has definitely started moving upwards (ahead of spod) so not sure how much fight the shorts will have. But, with my experience with GXY and PLS you learn that they help you make money by providing cheap purchasing options.

If I had my way I would merge AJM, PLS and GXY (and possibly others) into the one company and use GXY free cash to pay off debt. Then with so much control of spod supply, I would enforce a floor price and say don't want to pay no problems no need to ship. With such dominant control you would see dynamics flip very quickly. In my opinion the converters have been running a muck with spod because they have AJM completely in their hands due to their financial situation (basically they have no choice). WA suppliers have so much power that they don't realise because without WA spod the future won't happen, full stop. Not going to happen (and I am sure many would be spewing at such an idea - I mean no offense), but it would be a great way of showing the middle finger to market manipulation. For disclosure I only hold GXY and PLS in lithium.

Enjoy the rest of the weekend. I look forward to future accumulation. Good luck all.