to me they are just 2 different risk vs reward options.
PLS 12M outlook for me is maybe 10% chance to be worth less than what it is today and maybe 50% to be worth $1.2+. so relatively low risk of burning capital
AVZ is more like 50% to halve in value but 50% to be worth 15c plus. so it's just up to the individual to adjust.
I think collectively the market and people would agree PLS and other asx listed lithium hard rocks are safer options with decent upside but that avz has more reward than is warranted by the risk.
you can't really fault PLS yet the price stays the same I.e market has factored this a "fair value"
avz has a plethora of criticism which if addresses have the potentially to significantly impact the price. if not addressed it will continue to slide.
disclosure is avz pls ajm held
SF2TH
AVZ Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
