While this has long been a favorite thread of mine, as 2024...

While this has long been a favorite thread of mine, as 2024 comes to a close, I've become concerned by some of the recent posts.

Many long-term holders have likely noticed the recent shift in this thread's focus from valuation to share price. While I understand the concern about share price fluctuations, especially given the volatility of spodumene prices, it's crucial to recognize that PLS continues to generate profit, which sets it apart from many of its competitors.

I also believe it's unacceptable for a company of this caliber to be targeted by such intense short selling. The volume of short positions is alarming, and the lack of oversight from the ASX is deeply troubling. I anticipate the standard justifications for short selling, but I remain convinced that this situation is wrong. I hope those who have taken short positions face significant losses in 2025.

My long-term outlook for the share price is 4.67 AUD, based on an estimated production of 1 million tonnes, a price of 1,200 AUD per tonne, and a grade of 5.3%.

Good luck all holders, and Happy New Year.