It’s brutal at the moment.
Especially for pre-revenue companies like PMT. Li spot price isn’t being helpful either.
Even this Li player throwing off cash are getting dumped.
We just have to weather the storm. And buy the dips if you’re inclined. Or hope for a TO (which I don’t want to see at this point).
Still a massive amount of coin required to see any cash flow in PMT. Which will require the support of shareholders.
on the plus side. The resource is proving to be a monster. And the green benefits around power and the locality benefits can’t be taken away from PMT. The market will eventually come around but the risks need to come off at both a macro and company level for more support.
GLTAH
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