It’s funny that even if we don’t hit those timelines and others don’t either (refer to CXO) that it shuts down the whole oversupply argument and prices stay elevated for longer.
PLS in a great position either way, higher margin on lower volume or slightly lower margin but we have higher volumes.
The reality is more likely high margins on the higher volume.
It feels like we’re in a great position either way and are effectively hedged against ourself.
PLS Price at posting:
$4.76 Sentiment: Buy Disclosure: Held
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