Never thought I'd see you praise LRS. Should show this to Jason.
But I agree, its not about the tonnage. However, PMT does still have a significantly higher opportunity for resource increases, that could exceed LRS's entire resource.
All these things will be getting factored in and its anyone's guess whose evaluation should be correct. Bottom line, 10% hair cut this morning just made it look more attractive. Picked some up at $1.48
Again, happy to wait a few years for this to mature. More than happy for our SP to be validated off the news than a re-rate. Today was a de-risking event, that's what people should be most pleased about. Very easy to attack a stock with no MRE and a lofty SP. Lets not forget up over 100% in 7 months, can't complain.
Agree with @dtab thoughts, that I can see people cycling in WR1 for more potential upside in the short term due to catalysts.
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