Everyone I am sure is f5ing a bit today to await the announcement.
Here is my non-based opinion and DYOR
Everytime PLS has had some kind of semi negative news (except for Tabba Tabba), there has been a kicker in the week after.
This is not negative, although I will struggle to participate in the SPP if there is one, I am happy with the dilution.
I think the cash may not be enough for the plant we will require after some of those deeper holes comeback.
I think we could see one of two things in the coming week or so
- Drilling results of deep drilling in that sneaky spot
- Offtake for debt financing of the remaining capital requirements.
This could be conceived as ramping however this is all my own opinion and hunch, DYOR and enjoy the ride of the next month
The final countdown
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