It's funny that our biggest critic wants to sing the praises of PLL when the company is not a patch on James Bay, let alone the rest of the GXY assets.
Take a look at the big PLL announcement today - a 40% increase in their lithium resource at "their flagship project in North Carolina USA".
This 40% increase has taken the project to 39.2Mt @ 1.09% Li2O or 422,000t of Li2O. That translates to a whole of company market cap of A$1.401b as at today.
Compare that to James Bay which has a resource of 40.3Mt @ 1.44% Li2O or 564,200t of Li2O. That's only 33% more lithium than PLL. And, the entire market cap of GXY today is A$1.442b.
So, buyers of shares today can get a piece of GXY with a superior project than PLL has to offer and they get SDV and the producing Mt Cattlin mine thrown in for nothing. I tell you where I'll be putting my money!!
