RE:RE:RE:RE:Some perspective Potential of small resource companies depend on 1. grade, 2. Jurisdiction, and 3. Scale.
PLSR has #1 and #2 checked off.
#3 is at the moment uncertain but will be much clearer after deepening of Jetstream1 to test entire depth of reservoir and drilling one or two offset wells. Until then it is guesswork, but it is also encouraging. (more encouraging than the estimates based on current limited data).
My biggest worry at present is completing the AIM listing and the fund raise at reasonable price relative to current price. Capital markets are tight for junior resource companies and brokers on AIM and in Canada too like to see if they can push shares down before a raise. The current 5 million pound proposal on AIM has no price, just a multiple of future price on the date it closes, supposedly in October. I never like a floating price into a raise. Not these days. However the potential here is great and I am willing to ride the waves.