PLN 6.25% 15.0¢ pioneer lithium limited

Ann: Top 20 Holders, page-29

  1. 2,492 Posts.
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    Right now lithium sentiment is horrible, so this is very depressed and not much going on (as with almost all lithium). I expect once sentiment turns, investors begin to look at the merits of the projects again.

    I wonder what happens when they realize the MC of this, relative to what GT1 found and is continuing to find on 2 sides of the fence has a really good chance of continuing over the fence. I am of the opinion the moment this thing finds 10mt it will fly just because of it's MC, even including escrow shares. It will still be a little bit (a month or so) before we have more concrete info about if the strike continues into our tenements. Plenty of time for the macro to turn but also for people to put 2 and 2 together. Markets are forward looking and this is just too cheap relative to potential.

    Additionally, management seems quite good here.

    Not financial advice and obviously nothing's ever guaranteed, this is just my opinion. Everyone needs to make their own mind up but this is my reasoning for why I like this one.
 
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