Originally posted by RBradley1980
Er...Mt Cattlin 9.9 million tonnes grading 1.04%.
Er...James Bay 40 million tonnes grading 1.4%.
Er...Pilgangoora 226 million tonnes grading 1.2%
PLS already has about five times the hardrock lithium of GXY. Mt Cattlin is almost spent and what are GXY replacing it with? Er...brines.
A good point,
but you have overlooked the fact how many times PLS have divided their company/project to Ganfeng, Great Wall and POSCO, ultimately leading to dilution of shareholder returns.
At the moment all GXY assets are 100% owned.
Someone wold have to do the calculations to see how much money is lost by giving other companies position in a project or the company itself.