PLS 3.28% $2.83 pilbara minerals limited

Lithium Bubble ??, page-62

  1. 9,183 Posts.
    lightbulb Created with Sketch. 8629
    We are not the biggest in the world yet, we are still 300,000t of Li2O short of that title. However this from p2 of the resource statement must not be forgotten.....

    "Further resource extension drilling (RC and NQ Diamond) was undertaken in June 2016 focusing on a number of key zones of mineralisation (unclassified resource inventory) at depth below the Western and Central pegmatites. Results from this work have not been included in the resource update as assays are not yet available, however future drilling in these zones is expected to result in further significant increases in the overall resource inventory well above the current 128.6 million tonnes."

    So we already have the basis for the next increase, but we wont really need it for years, we have that much ore to mine. Then again IMO the world will need it in the next 10 years as EV use grows way faster than the predictions of the "analysts" or "experts" that are not experts at all!!
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.