LRS General Discussion, page-19475

So ,on one hand PLS is mothballing production ,and buying LRS at the same time??.

So it's cutting costs ,but spending to buy LRS, (not with cash, but by issuing more shares and so diluting SH value).

This seems counterintuitive, unless it is to stop LRS production from getting to market in the short/medium term, and mothball it until prices rise.

So that tells me they saw LRS as a threat, and that they had a good chance of actually getting into production by 2026!

PLS, by Stemming supply, will raise prices , and LRS was sacrificed to achieve that.