That is probably exactly what I would have done. It's not without risk though. The DER can always throw up excuses and then go slow out of spite. After all they are government workers trying to protect their jobs by stringing things out. I don't believe the lack of staff stuff, it's just the usual incompetence. Regardless it has not been handled well by PLS but sometimes lessons learned may be very important for the future. Remember we will be going through all this again at some stage. lessons learned I hope.
- Don't ever assume and always give the DER more than what you think is expected.
- Once an application is in , do the real work and follow up, follow up, follow up.
- Do your capital raising for the betterment of those that have stood by the company.
- Do not capital raise at the last minute.
PLS Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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