Ann: Pilgangoora Roadshow Presentation, page-113

PF
" Funding for the main project will be sorted very easily. I have no idea of the structure of that, but they have quite a few alternatives ."

Then why can't they name any? All the other lithium companies that have a resource and will be producing soon seem to be able to do this, like GMM/GXY with Mitsubishi, if you don't like Altura's potential offtake Lionergy.

Here we have 8 MOUs, yet we don't know who they are at all. Likewise for who might be these mysterious funders. For some reason PLS seems to have to keep this all in secrecy, unlike the other companies (ORE named FM quite early).

The big picture is taking care of the small issues first, not leave them hanging, especially if it is your only attempt at a mine. The 'big end' of town needs to see that you can do things before they will invest with you, it is probably why the SP is still languishing in the 30's.

Of course funds are buying PLS. They have been for months because of the entry to the AllOrds and the ASX300. On Friday this week we will see very high volumes as the last of the trades go through so that they match the index levels they need to be at.
After Friday the SP is likely to drift without good news as the funds needing to buy in will have all bought.