Many people on the PLS forum have been expecting a T/O at some point in the future by one of the really large Li players.
To me it would only make sense if they did a T/O on both as the combined resource would be around or hopefully over 100mt. That is the size that would interest the big fish.
The question then becomes how much? The answer is a lot more per tonne of lithium than Talison in 2011-12 whenever. Lithium is and certainly will be a much more valuable commodity in the next few years. So 1.2-1.4 million tonnes of Lithium oxide has to be worth close to a $billion in the ground!! as it will be worth 10 times that out of the ground in the near future 3-5 years!!
Altura's resource will be worth a part of that $B. It might be 1/5 it might be 1/3, we wont know until the PLS resource upgrade. Hopefully they have a large indicated category.
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