Bell Potter, Ballieu Holst, Cannacord,and Hartley all prepared research papers and covered GXY in recent months. Please go away with the CR crap -- is not going to happen.
The reality is GXY is up and away sailing into profit with full spinnaker on.
PLS still haven't got a boat but thinking of sailing.
By Jan 2018 - one long year from now, PLS will be in the same position as today, at best the design of the plant completed, and with a bit of luck commence construction and burning CASH.
By Jan 2019 - two long year away, still no revenue and continue burning cash big time - with a bit of luck, plant completed and commence commissioning
By June 2019, with a lot luck PLS may start sailing.
In the meantime GXY make a profit $200 m in FY 2017/2018 and possibly another $250m in FY 2018/2019 according to the research paper prepared by the experts.
This is chalk and cheese scenario based on 3 years time frame.
GXY Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held