Your not looking FORWARD anymore than abs did... Best look at Sal De Vida a little closer Chum. The low cost argument is poor. GXY are making money, enough to fund SDV through to production if necessary, debt free. PLS is not. Everything is marketing promises and talk at this point in time.
Id rather invest in a producer, with no debt, that owns 100% of three world class assets, that has $200 mil in tax write offs up its sleeve, that has all its big announcements still up its sleeve to provide upside.
Besides, PLS's costs are unknown because your still building... so all good throwing made up guesses around, the opex and margins don't yet exist. Meanwhile GXY is looking to increase recoveries to 70-75% with some upgrades while making "industry record prices" for its spod while prices are arguably at their peak (though I don't believe for a second that they actually are).
Anyway, this argument has been had before, I'm not here for that. I just want to know why abs83 thinks GXY has issues that are influencing its share price and increasing shorts yet PLS clearly also has share price issues and short levels increasing, yet he claims nothing is wrong at this end?
You cant have it both ways. Either the shorters are smart and "know something" like he claims, in which case its likely they have found issues here too, or they don't know squat.
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Your not looking FORWARD anymore than abs did... Best look at...
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$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B |
Open | High | Low | Value | Volume |
$2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 123970 | $2.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.42 | 15148 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 123970 | 2.410 |
75 | 575112 | 2.400 |
2 | 135271 | 2.390 |
9 | 163698 | 2.380 |
3 | 15421 | 2.370 |
Price($) | Vol. | No. |
---|---|---|
2.420 | 15148 | 3 |
2.430 | 17653 | 3 |
2.440 | 42738 | 4 |
2.450 | 285428 | 4 |
2.470 | 12500 | 2 |
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