RE:RE:RE:RE:new mathThe price of the PP is based upon sh value. In a fast rising stock, there is risk. I believe it was set at the 50 day moving average. No one is going to buy the PP unless assurances are made about Florence. The permit is going to be issue. There is no real opposition to it and all the numbers have been hit.
However, if it drags on, a new US Presidential administration with lots more regulation could be a wild card. This has to be done soon, because the further you go into a Biden administration, the more pitfalls are possible. That is probably why the deep discount.
Fish. If there is a 75% sell of of Florence, this stock will tank.