Ann: High-grade Lithium drill results, page-7

Andyroo

I suggest you do a little more homework before making incorrect statements

I suggest that you visit http://www.plymouthminerals.com/i/investor-centre/announcements/
and read the Hartleys report. see extract below

The lithium is hosted in phengite-muscovite (mica) which has shown excellent acid-leach recoveries to a lithium carbonate product. A common misunderstanding of this this kind of mica hosted lithium deposit is to compare the grades of a deposit like this one to one of spodumene mineralisation. The different mineralisation changes the metallurgy and therefore the process flowsheet. San Jose has shown to recover to a lithium carbonate, which sells at a substantial premium to spodumene concentrates. From this perspective, San Jose is more akin to a high grade brine operation than a spodumene mine. Our speculative assumption assumes PLH could generate ~15ktpa of LC (sale price ~US$11,000/t) at costs ~US$5,500/t for capex ~US$150m.