PLS 2.33% $2.94 pilbara minerals limited

Ann: Notice of General Meeting/Proxy Form, page-7

  1. 3,186 Posts.
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    You could very well be right and the SP will pull back, however you're making some fairly large assumptions there as well as running a risk that there won't be a positive announcement, namely:
    * full purchase of Tabba Tabba (assuming the purchase is made at a reasonable price)
    * final permissions for Tabba Tabba to commence operations
    * initial assays from 'The Monster' - Thanks to BF we can see that previous drilling was favorable
    * off-take from any of the five off take parties that are keen
    * final metallurgy reports with confirmation of low iron technical grade lithium
    * diamond core drilling results as suggested by Anzaplan. You can also add the evaluation of the potential of having additional side products such as quartz and feldspar

    Any one of these could give the SP a nice kick along. So yes, the SP could drop but I would think the odds of any one of the above being released as an announcement would warrant the risk to hold. All my opinion though....
 
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