They waited too long to get in the game, and now are using the media to create a fear in order to maximise their returns. It's a desperate bet IMO to recover lost funds. And the sad thing is that they were charging outrageous performance fees during that period. The only funds that it have really done its DD is CanAccord, Blackrock, Global Lithium, Market Vectors Van Eck, Oppenheimer Special Minerals. These funds have continuously added Pilbara, and are heavier on Pilbara than any other miner (some exception with Orocobre) But hey, if losing money is your (your refers to Paragon) end game, then by all means go ahead. The blind does truly lead the blind.
PLS cash flow problem AFR article, page-32
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