Seems to be a bunch of negative, anti-PF's out and about today....

Seems to be a bunch of negative, anti-PF's out and about today. Lol. Doesn't bother me, nor my friends and acquaintances, many of whom have made millions already from the almighty PLS.

Not too sure I ever said PLS would be $10 in 18 months time, but stand to be corrected. Sure as heck, I am extremely enthusiastic about the company and the team behind it.

What I have said a few times, is I believe the next 18 months will clarify, in many ways, the value of PLS. I don't think many really get the upside. And, of course, the shorters are doing their merry best to create confusion and general havoc.

I had a conversation or two in the past with the Geo's. Very interesting to note what they think the resource might be at Pilgangoora. Of course, speculation on their part, as they cannot see underground, but it's something that swirls around in my mind. Valuation is usually based on discounted cashflow, but given the likelihood of demand rising rapidly (every day, more news on that front), it may not be so crazy to think about a value per ton of resource. Who knows where this will end up- 8mtpa, 12, 20??? The discounted cashflow valuation method, to me, completely undervalues this company because of the assumptions around future expansion, and the potential for that. Further, they ignore the downstream business opportunities which are in the pipeline.

Food for thought! In the meantime, I remain patient.