As a holder of both, more PLS, I think this is good, acquisition of another large hard rock resource with PLS production experience. High chance further resource exists at LRS. LRS open pit and the plant will be running on cheap hydro power (4c/kWh latest presentation), a low ASIC is estimated (approx $536 USD/t in PEA), looking forward to the DFS.
Don't forget the LRS copper exploration in Peru, Li exploration in Argentina (largest hard rock spodumene land holding in Argentina) and Halloysite in Western Australia. Plenty to explore.
All IMO, GLTH.
Ann: Pilbara Minerals to acquire Latin Resources, page-165
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