RE:RE:Ingemmet appealed Resolution Number 5kkkrrr wrote: please lets focus on the fundamentals here .... the lithium-project and the uranium-deopsits .... ..lets talk about exploration + developement ... this lawsuits are an non-issue because the important claims are safe ... there are enough resources to be devoleoped ...
I agree with you, there is is enough resources in PLU to be developed even if the 32 disputed concessions were to be lost. After all, since long ago the market is already valuing PLU as if the 32 concessions had already been lost.
The reason why many shareholders are still interested in how the lawsuit and the administrative process evolves is because of the potential positive catalyst it is. For example, if a higher authority like the President or the Minister of Mines decided to "pardon" PLU and restore validity of the 32 concessions, PLU lithium and uranium resources would we doubled and PLU sp would double overnight too. Same could happen if Macusani Yellowcake and Ingemmet were able to come to some sort of arrangement to put an end to the judicial dispute. In a more conservative scenario in which the lawsuit slowly evolved in PLU's favor, that "rerate" would of course happen more gradually.
I think the reason why over the last couple of years there haven't been in this board many comments focused on the fundamentals (exploration + development) is that as a result of number of factors (concessions dispute, covid, pending uranium regulation) the company has not made much progress in either of its projects. But now that Li and U markets are getting more attention sp is starting to go up, which will certainly open new opportunities to PLU.
In any case, if you're interested in discussing about fundamentals I suggest you to start a new thread or reply to the few threads focused on fundamentals, like this recent one:
https://stockhouse.com/companies/bullboard?symbol=v.plu&postid=32047900