Yea nothing about PAM has moved in line with general expectations – it’s got great fundamentals but lacking exposure and end of the day pricing is still dictated by the basic laws of demand and supply.
Quality resource that no one’s looking at – one can only hope things start to turnaround soon with bigger investors slipping into the picture. Post geothermal play/VUL spruik, PAM hasn’t done all that well on the publicity or marketing front.
I was expecting a more gradual SP increase but now it seems this is more likely to be a steep value jump only during lithium carbonate production phase, which is still far down the line. I can only pray I have enough patience to stick with it!
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