PLS has been a benchmark in the Australian Lithium industry....

PLS has been a benchmark in the Australian Lithium industry. Albermarle, Mineral Resources and Liontown have also been in the mix. Comparisons between these companies is relevant.
PLS has a stable, financially responsible Board of Directors who have made astute decisions in the interest of their shareholders.
MIN has been run until recently by a successful Founder/Dictator.
Liontown has drawn investors with deep pockets, who can swallow cyclical bad news and wait for better times.
MIN has a debt that will soon exceed $6 billion, almost twice its market cap. They barely have enough cash to pay interest on their debt, and will need to begin repayments within a year.
Driven by their leader they took shortcuts building infrastructure from an Iron Ore mine to the coast and it's come back to bite them. Road construction contractors pulled out when they saw the writing on the wall.
They're in trouble because their CEO could not be controlled. Directors assigned the task of overseeing diligent governance have resigned, signaling that the bully at the top still holds the reins.
I held MIN in high esteem but bailed at SP $72 at the height of their NWE fiasco and saved hundreds of thousands in the process.
MIN posters on Hot Copper appear to have a dystopian belief that the company will come good.
Time will tell.