RE:re mindset What institutions are invested in PMET? The same answer - zero. Why? Pension funds, mutual are not allow to invest so earlier stage, regarding hedge funds they usually look for troubled or pre-production companies, main exchange. I know at least several family offices who has stakes in FL - smart and long money.
Companies aren't built overnight it takes years.
What juniors with mcap of 400mln and greater 20% of management who never sold a share you know? I know a couple and they are all outstanding companies.
Regarding RBC, research reports are being issued by research department. Their funds have completely different management and team, and funds have their own investment restrictions. I can't find any funds elgigble for this.
In terms of IR they have room to grow. Who knows may be tightly held company will save us from low-ball hostile bids.