Ann: December 2020 Quarterly Activities Report, page-75

”It’s easy to see from the above stats that PLS is oversold.”

Andyroo, love most of your posts, keep them coming . I just wanted to say though , in all good conscience you can’t determine PLS is oversold on the basis of a direct comparison with the drops in other companies in the battery chain ! Not even with other lithium producers. All these companies have completely different circumstances and have started their a recent SP rises from different starting points. Some may not have been correctly valued themselves.

Sorry , but it is a pointless comparison and not a valid assumption.

I am as disappointed as anyone (except shorts) that the share price has dropped but their is only so much you can build into
the SP for ‘possible’ future increase in lithium prices.

The truth is lithium prices are STILL very low and our margins are ............ well .......still marginal .

I have absolutely no doubt PLS is going to a place of greatness........... but it will take some time yet.

If you are LONG , you needs to take a breath, stick these shares in the bottom draw grab a beer and put your feet up ............ for another couple of years.


Disclaimer: Not intended as financial advice .....just IMHO.