Voice here on HC about the PL5 follow up to PL4 is getting louder. It is easy to say not to be swayed by doomsayers. It is definitely not an entirely negative proposition. SP wont drop to 2.5c. I am almost certain of that. Depending on where will it by the time such an announcement comes from the company, if at all, it will certainly drop. I would say close to 50% It is not all doom and gloom even with that.
SP would be near or excess of 30c.
Even when such an announcement comes of PL5 commencement, all the marketing for sale would be still on.
On the same breath of above, may be with in weeks or month, there may be another announcement saying well PL5 is going on well, we do have buyers already lined up, willing to carry on with PL5 after the purchase. It is upto us to accept and not.
Speculative end of markets are more attractive to the "special kind" when there are ambiguities. Not a definitive path along the journey. Imagine first announcement is of PL5 & subsequent one with in weeks is of sale. Drop 50% and might be side tracking. Then it might jump to where it was and head off into the sunset. That is what speculative means, is it not ?
Lot of fun and games. I rather brace myself and be prepared for such an event, than sit assuming it will only be a sale announcement next. Just my opinion.
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