PLL 5.00% 10.5¢ piedmont lithium inc.

PLL presentation, page-48

  1. 1,487 Posts.
    lightbulb Created with Sketch. 725
    Hahaha, being very kind actually....There are some over there that would probably eat their own...going by the way they turn on each other. But then, that's the type of investor you get with a P&D - all looking for immediate gratification. And then add to that, their mgmt don't even talk to them, and when they do, you get a scoping study/PFS instead of an expected DFS. But hey, it acts like a penny stock with a $1B price tag, so it's bound to attract some riffraff (and school kids) with 8B+ SOI...!!! smile.png

    Some meaty news expected from ALL this qtr and the next (hopefully tying in with some progress news for NC and LHP2). Costings for the PFS will be interesting with the met. work coming in much better than expected, so a low cost project could be even better.

    One interesting point (not from the interview but from ALL annts) when you compare the ALL with SYQ offtakes, was the better quality advice that ALL received when negotiating OT pricing levels. Granted 6 mths makes a lot of difference in the mkt, but ALL offtake pricing stated "will be determined via a formula which is linked to the prevailing price of the Li products, ensuring IronRidge (now ALL) captures value added margins".

    Not complaining we got 'the deal of the century' from SYQ, but as I indicated earlier 'penny stocks playing in the big league' can sometimes get their fingers burnt.

    Love the catch phrase "Piedmont May Emerge As A Leading Lithium Conglomerate In the Next 5 Years"....maybe SYA will be within that 'Conglomerate'?? smile.png

    J22

 
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