I am constantly amazed when I compare PSC to other mining companies (not just Lithium miners). Time and time again I see a huge discrepancy between how the market views PSC compared to other miners. An example I found today is a junior explorer still at drilling and exploration stages forecasting annual EBITDA of $US20m, yet somehow the market values them at $AU70m. Relative to PSC it is baffling, bemusing, befuddling and bewildering. I can't figure out if PSC is just incredibly undervalued or other miners are overvalued or a combination of the two.
I am starting to think PSC will need to do more about increasing exposing to more investors. Any thoughts on this? Last thing we want is a flash pump and dump surely there is some happy middle ground?
PSC Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
