Well Macq Bank don't agree with him.
Macq updated their PLS research today maintaining "Outperform" and a 12 month target of $1.20 ps. Their price catalysts are Stage 1 Production, Stage 2 DFS, and DSO coming on stream.
They refer to PLS as being "compelling" even based on their conservative costings.
Its a really positive report and whilst we all bagged Macq a while back for their negative attitude, that is certainly not the case today.
GLTA
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