Who's selling?, page-156

Mmmh. Not sure how to respond to that. How about: I believe we are in very good hands, and 2016 will be our year. Much will become clearer, in my view, as we proceed, and risks will be minimised. The MD and Chairman are the two largest shareholders (counting their options) - in itself this suggests prudence will ensue. I will be posting less often from here on PLS. I think we have to simply wait to see this play out. The resource is spectacular, and that is my view based on careful reading and listening. This has been largely de-risked. I personally do not see it as speculative at all. The MD at the AGM made it abundantly clear as to where he saw the valuation heading, and we are a long way from that at present. The next serious Beer & Co update will be very interesting. Blastfurnace has alluded to the sort of numbers we can expect, and clearly BF has industry experience. His posts are very informative and based on fact.

Give the resource upgrade which is only a few weeks away, and given the prospective nature of Pilgangoora, and given where that places PLS on the world lithium map, it is simply now a matter of time before the share price catches up to the underlying value. I believe it is verging on bankable, but, of course, weird things can happen.

My focus is the time frame to DFS and not beyond that. One very important step at a time!

GLTA