It's the high likelihood of dilution that would have me worried on PLS, plus the level of speculation on what is simply ore in the ground at this stage, it may be a very large / good resource, but there are many steps required to get to a mining/processing stage, then you have to be able to sell the stuff.
Ann: Final Offtake Signed Prepayment Received,GMM-GXY.AX, page-257
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