1MC 0.00% 0.3¢ morella corporation limited

And yet no sales data. Selling to the spot market? What's to be...

  1. 5,440 Posts.
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    And yet no sales data. Selling to the spot market?

    What's to be afraid of? Even now, you keep deflecting from anything that will show spot market pricing

    Taking that thought further... If the PLS plant is indeed, unsalvageable (no really, did mgmt ever say lately when are they going back to full production? I think last year they said July this year, right?), how long do you think they'll be able to hang on to both resources, if they did get AJM?

    They will be swallowed up by one of the majors.

    On the way to that point will be massive suppression of the sp, as per what has been done to AJM.

    AJM management built themselves a moat by putting a lot of their own cash into the company to alleviate the unknown(?) or maybe unknowns trying to accumulate the shares.

    No such thing with PLS. Any stake holdings management have, have mostly been given to them by the company.

    But hey, this may be just the ramblings of someone with no mba. Why be so threatened by this reasoning that you think is just fiction?

    Or is it following the breadcrumbs?

    yawn...
 
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