-
Share
2,828 Posts.
725
07/05/20
11:56
Share
You do know you are suggesting they could buy a mine (PLS) for a certain figure. Do you not realise that the mine you saying they could buy is:
- Not profitable
- Can't produce at anywhere near DFS cost estimates
- Huge sovereign risk with the current government attitude towards china
- $140million of debt and no end in sight to the losses sustained given current spodumene prices
- Management taking a "paycut" by gifting themselves more free shares
- Resource up to 6x smaller than AVZ
-