We’re a long way from being in the same conversation as PLS. We haven’t even got a ML - PLS faced very little red tape. Constructing the mine will probably have significant difficulties (management track record is terrible when it is sticking to timelines). If we produce anything by 2024, I will be surprised.
All the while PLS will be making huge profits from their sales and brilliant market controlled spod sales.
I’d say 80cents is fair value for AVZ right now, considering the continued delays. Would love to be proven wrong. We might drop even further by end of week
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