I am glad they are astute enough to implement exactly the...

I am glad they are astute enough to implement exactly the strategy I talked about a few weeks back . Why go crazy in a capacity constrained market (so at least that "expert" prediction about the bottleneck in the conversion part has come true). Instead, slow down, take the opportunity to tidy things up, get all those things done you don't get a chance to do while you are flat chat, and through that get into a position where you can actually go full bore and expand more quickly, cost effectively and reliably, when you get a higher price for your product again! Seems like a very clever business decision to me.

Of course we'll get absolutely hammered for this. However, what's wrong with the above, especially when you are looking at a 15-30 year mine life? What's wrong with slowing production a bit for a few months instead of giving product away for low prices?

The key thing for a value investor that I take out of this ann is that everything is fine with the plant. A HUGE plus! Imagine if reduced sales where due to production or mining issues!

Thus, for an astute investor, IMO, the panic selling to be expected today and maybe lasting for a while, will offer yet another golden opportunity to purchase PLS at bargain bottom prices before the train will well and truly depart. IMO, the signs could not be clearer on the horizon.