Last year, PLS announced potential strategic partnership to be completed by end of March 2024. However even as a market leader, they experienced their own timeline challenging. But, they periodically reassured shareholders about completion by March 2024 which could be under compliance regulations or to support their share price. In our case we lack visibility. PLS style periodic updates/reassurance provide much-needed optimism.
Definitely its been a long wait and extended, especially after initial exuberance and earlier guidline of completion within four months of the JORC announcement.
Nevertheless, lets be hopeful for news or updates by the end of the June quarter.
