If 50mt at 1.5% lithium + tantalum at say 250ppm is proved up, money would be raised at 30c, not 2.5c. In fact, corporate things would be happening which would not need funding! The second largest rock borne lithium deposit on the planet (second only to Greenbushes), geographically located extremely well in good old OZ......we would be over-run by suitors.
Getting slightly ahead of ourselves as much drilling to be done, however, this is very exciting, in a rising lithium market propelled by battery technology. Also of great interest will be the qualities of Pilgangoora spodumene and its importance to specialty markets. News on that front cannot be too far away.
PLS Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
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