Magic Month of May, page-11

Gday @farcanal

Normally noone asks the class clown a question , but considering ya luv ma work , let me indulge myself .

so .... why are we STILL sitting at 40.8 c

Mr market has us at 41c . If you bought them at 1 or 2c , would you be happy ? I don't see anything wrong with the SP at the moment . We have a MC of around 500mill . Thats very high , all things considered .

We do have both quality and quantity in out favour . Thats why , we are holding . We have potential greatness . But , baby steps required . Lets see a successful commisioning and 2Mpta plant running smoothly . Talk of 6 , 8 or 10 size plants are utter nonsense . Don't get me started on San Francisco either . More rubbish . If we get to 4mpta , everyone's a winner . We will be satisfied and multiples of 40c applies .

I see the SP lingering in this range for the rest of the year . We have one bullet left in the DSO , which will help . However , i will be relieved when the chinese pay up the moola regarding the upfront payments . Hopefully sooner than later .

On a brighter note , im very bullish on the Tesla Model 3 . First affordable to the masses electric car that will be a game changer . Watch this space .

Disclaimer .
I am long PLS . I have my fill , and will not be averaging up , down or sideways .
Note : High five me at the $1 party to receive a free schooner *

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Cheerio , gtc