I am a holder of PLS and materially all the companies around the PLS strike. If you haven't read up on the Lithium story you need to soon. It is an unbelievable once in a lifetime change to the way we live and IMO like investing in oil companies in 1910.
I bought in recently not because of MPJ Nickel as prices are through the floor and it is unlikely to be commercialised in the near term.
However just about any stock around PLS is all least a three bagger plus plus on short order after they raise money to drill anywhere near PLS. Not cross promoting stating a fact and agreeing with sentiment from the recent Company announcement.
Issue here is too many shares on issue and not enough faith in one of the most experienced Boards for a micro cap in the country. Large holders selling and potential new holders haven't woken up yet.
DYOR but if you look at the companies around us you will see price action that could have the options in the money in time IMO. However I admit to buying heads myself.
However if there is no faith that this is a real opportunity which it is, then we are all doomed.
Stay positive! one announcement that the leases are looking anything like the PLS/AJM geology and I think you will be pleasantly surprised. Please DYOR
MPJ Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held