Good News & Bad News, page-37711

Perhaps if Aust Super and everyone else has the will and the means
to wait for any expected longer term recovery the task the shorters
will face when seeking to cover their exposures will be harder.

That could be highly positive for the share price, as and when
sentiment, fundamentals and growth in recognition of PLS occur.

In the meantime I am constantly surprised by the volume of money
and associated risk being thrown into PLS short positions on a
an almost daily basis, and sometimes every few hours.

With selling raids being highly aggressive and orchestrated
while the resouce prices are falling or low, it just needs to be
remembered that for every share sold short the long term goals
of every buyer of shares sold short may eventually stabilise and/or
escalate market demand from those who are short plus new players,
not to mention demand from loyal long term holders who have the will
and the financial means to enjoy perceived bargain prices now or to come.

It would surely take a gigantic failure by the company or the concept
of EV transport to fail, to prevent a major recovery at some point?

The only problem is timing and the inability to forecast good and bad
future events and the speed of good or bad developments.

Including WW3, which some say is already starting or close, I remain a firm
supporter of PLS management, given all it has achieved to date.

A year ago I said that dependence on a single market for PLS product
was the company's Achilles Heel, which has proved to be the case.

That made rather a mess of the five year chart, but who can deny that
some earlier parts of the five year success story could happen again?

I await more evidence with great interest, and with a very strong
wish for growing certainty by the market.

NOT ADVICE - INDIVIDUAL RESEARCH REMAINS ESSENTIAL