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You are dreaming PLS is up and running in 12 months, making...

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Kikker1959

10,591 Posts.

4325

04/01/17

21:56

Post #: 21683153
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Originally posted by sensible123 ↑

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.

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You are dreaming PLS is up and running in 12 months, making money from June this year and money in the bank. GXY is cash wise on the ocean floor... Report the correct facts mister

GXY Price at posting: 55.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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