Very exciting. As a contrarian investor these sorts of stories...

Very exciting. As a contrarian investor these sorts of stories give me gooseprickles. What an exciting journey to be a part of, again.

We have an incredible, and rare, deposit in Alpha. Biddle & Co come along and further define the Alpha thesis. Develop retort & parr testing methods to maximise results. And are now working on a solution to offset emissions, which no one prior bothered attempting. In doing so have identified potentially a larger market opportunity in the energy space, all whilst never losing sight of the Alpha narrative. It's this sort of manoeuvring that saw PLS become the monster that is.

To win big, you have to take big concentrated bets. We are first movers in an under loved / under valued commodity. A management team that is able to adapt and posture, and problem-solve, like Biddle & Co are a dying breed. If they can deliver the goods this time around, it will be an investment to remember.

Although I'm sure our resident downrampers will disagree. But then again they obviously prefer putting their money in the micros who 49 times out of 50 get nowhere, and complain when the gravy on their dinnerplate touches the peas.