I am pleased with the progress. From my perspective this looks like it has been one of those Win-Win deals that has been good for both the buyer and the seller. Now I would like to see David and his team focus on finding a TANCO-sized pollucite deposit that will support the cesium formate brine business for at least another 10 years and do something to stimulate PIO's share price. If I was writing the PIO business plan I would have "find more pollucite" as a high priority objective for 2019-20.
PIO Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held