Recently GS came out with a reevaluation of western Australian...

Recently GS came out with a reevaluation of western Australian lithium miners.
In their analysis, they kept a neutral rating on PLS and reduced their projected sp
from $4.70 to $4.60(A). What really caught my eye was their income projections.
In keeping with their projections for the future price of spodumeme their income projections
for most of the miners was either losses or minimal income in year 2025.

For years now we have had a topic heading of "Good news and Bad news " on this blog.
Into this heading flowed all kinds of factual information related to PLS or the industry.
That ongoing massive flow of information day in and day out was digested and analyzed
by many high quality participants here. So, when the price got down to less than 15 cents,
many participants here, based on the accumulated facts posted here pounced and bought
many more shares.

Today we are confronted with much the same situation that existed back in early 2020.
The accumulated current facts do not come close to supporting the earnings conclusions
of GS. They knew there would be investors who would see through their bullxxxx. But they
also knew many investors pay much less attention. They also knew that historically lithium
prices are under pressure in January due to the Chinese new year, so any really gloomy
projection by them would almost immediately be supported by lower lithium prices. They have also had
other major factors weighing heavily on the markets such as inflation and Putin.
Sometimes being patient is simpler said than done. I have investment scars to prove it. But right
now this message board continues to accumulate facts that support that patience.