Ann: Production and Sales Update, page-98

I'm personally more confident in PLS now for doing this honest announcement.
Sometimes you just need to trim your sail while you wait for the winds to pick up again. There is no doubt the winds and tides are turning in favour of renewables. During the calm what do you do? You prepare the business for the pending demand ahead. Secure any loose areas, maximize efficiencies, tighten processes, minimise costs, plan for all known and unknown scenarios. In other words "get ready" for the expected winds to come. Accordingly imo PLS should seem a lot more positive later this year as deals get done and ramp up of OT capacity gets closer to being completed.

It's okay that our Chinese OT partners are in a ramp up of their chemical conversion capacity. Delays happen - no big deal. This is all normal and to be expected. We and our OT partners, battery makers and the car makers and governments are all simply "getting ready" to be in a pole position to ride the coming wave of this global change.

A little more patience is required imo.
GLTA LT holders