IBB, no arguments - agree with all you say! A great deal has been achieved in a short the period & slippages are the norm in this industry - even the big Kahuna's such as BHP B , Vale & RIO have their challenges & often fail to meet project deadlines. PLS hasn't helped itself by not meeting key dates re finance, binding agreements, etc. Explains the self off but as you say (& as I mentioned re big picture) if you believe in the PLS story & you have surplus cash, this could present a great buying opportunity. Same happened with Sandfire (SFR) back in 2009 - proved an exciting copper resource, huge run up in the sp & then 12 months of lower sp as the company transitioned from explorer to producer. Anyone who bought during this transition period still realised 400% gains, not insignificant (& we had a GFC). The parallels between PLS and SFR are striking (I posted as much a while ago). We all know the Ol' saying, no guts no glory.
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