November FA Thread, page-41

G'day all,

While we bask in the glory of finally reaching a $1+ SP, I thought I would make a note of some important things that have happened recently and some will occur in November

• Mining starting in the 3rd week of November
• Non-binding MOU with LG Chem for a downstream processing facility in South Korea
• Improved results from Heavy Media Separation program compared to DFS
• Offtake Agreement and $28M Equity Completed with Great Wall.

This is coupled with some things that are likely to happen in the near future sourced from @Andyrooo earlier in the month.

• PLS admission to the ASX200 early December.
• ATC approval to access and drill Mt Francisco granted early December.
• Accelerated drill program for My Francisco early CY2018.
• 2mtpa Pilgangoora mine commissioned early Q2 CY2018.
• 5mtpa DFS finalised and FID confirmed

I think both these lists show the strong position that PLS is currently in. These items are all significant, and I was impressed with the Heavy media separation results as this potentially reduces operating costs and improving profits over the long term. I also think that the non-binding MOU with LG Chem will be really important to company growth if it comes to fruition and may potentially put us in the ASX100 in around 3-5 years.

If you add production coming on-line and first shipments to suppliers over the next few months, then it is a really exciting time to be a PLS holder.

Cheers, TCS