PLL General Discussion, page-2516

Goodness, there are a lot of financially illiterate buffoons circulating in HC. @dawgfather is a classic example of one and typifies an insecure investor trawling coy threads (in which he/it claims to hold no interest) trying to pamper its own ego about its choice of investment, by incorrectly examining the position, both financially and fundamentally, of peer coys.

Pretty sure @dawgfather won't bother reading your response cmon, and if he does he won't understand the difference between 'cash burn' and 'investment'. Your post, plus the fact that the capital invested in SYQ will bring in approx. $91M in the next half, on a steady state basis (96.5K DMT sold to offtake partners) he/it still thinks the 'cash burn(!)' is looking bad for the second half??? My view is KP has done a good job in the first half to navigate the current mkt and still have $59M in COH.

Maybe he's a little worried about how little old LRS will fare trying to survive in this current mkt, with NO income, and still no DFS. Reckon most would bet on a US coy trying to develop a Li project in the USA, rather than a dubious project in Brazil...