Spodumene Prices, page-4048

The same can be very easily said about people that fall in love with their own ideas. You are trying to compare PLS (market cap just under U$7.7B) with FMG (market cap U$84.9B), BHP (U$163.5B), or RIO (U$115B), which is far more "laughable" than my comparisons.

You can go to the same CSI Market site I cited, and beneath the charts there's a link to see the PE of the various individual firms that make-up the Mining - Metals Industry. Here are some more germane comparisons:

Southern Copper Corporation, with a market cap of U$65.2B, has a PE of 22.66

Cleveland Cliffs, with a market cap of U$9.4B, currently trades at 27.88

MP Materials Corp., with a market cap of U$3.2B, has a PE of 31.09

Royal Gold, Inc., with a market cap of U$7.9B, has a PE of 34.11

There are plenty of firms with both higher and lower PEs on their list, and guess what? The average PE is 27.75, as I stated.

If I was going to cherry pick my numbers like you are trying to, I would have cited Uranium Energy Corp., with a market cap of U$2.7B, which is FAR closer to PLS than FMG, RIO or BHP, and their PE is 676!

I've had much respect for plenty of your posts, in the past, and I've "liked" several of them, but I have also noticed that you are quick to judge and slow to admit when you're wrong. We all make mistakes, myself included; this just happens not to be one of them.

You may want to end this particular discussion, because I am beginning to envision a large red nose and large floppy shoes.