RE: Once this SP is down to 2.5p (or less) I will be....25 Jan 2021 16:00
peterobert: That's the cool and at the same time scary thing about an AIM company like PM which - at least until today - is merely an exploration company. No numbers, figures, assets or other stuff which would show up on a balance sheet. It's all hope (and wishful thinking). I've been going down that "hopeful path" now for many years and I still believe my wishes will some day come true - but when? Anybody's guess. Since many years now PM's SP is and has been purely subject to emotions and RNS interpretations (which are usually fuzzy at best).
So the mother of all questions is: Does an investor want to invest in hope (for exploitation license grant before PM goes bust) or risk losing not only the additional, but also the total investment. It's an interesting situation. I guess that's what investing in an exploration company on AIM is all about.