POS charting, page-443

I think the fact that they confirmed lithium on their property and the fact they have the gear to do it is quite positive, wouldn't you think?

The fact that POS has approved leases (Tick) choice of concentrators (Tick) and the ability to move very quickly if the resource is proven to be there (Tick)

PLS has a good long life resource, I agree, but if POS can prove a resource then it's pretty simple to identify who will be in production first.

PLS won't be producing before 2018, so POS has an obvious advantage given an economical resource.

I would compare POS to GMM as a short term player, reliant on a few factors of course. I think the concentrator POS will use is the same size as PLS? I do believe they got this a couple of mil as opposed to a couple of hundred mil.

I guess the next few months with reveal a lot.

By the way I can't see why they need to do a lot more drilling either as those core samples already done might provide a pretty good indication without even digging a hole.

Not trying to be too simplistic but the benefits are obvious.