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Ann: CZL COMPLETES ACQUISITION OF PILBARA LITHIUM PROJECTS, page-15

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  1. 2,889 Posts.
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    If they thought the ground was prospective enough they would have grabbed it. Both big players that can afford to have future reserves locked in. PLS already in partnership with Atlas because of the pegmatites there at Frisco so obviously not a concern for them. There will be Lithium on CZL ground but we will have to wait for the drill bits for confirmation of a viable resource. No different to the hundreds of other small plays that flooded the Pilbara. Reminds me of the gold rush there a few years back. Not many came out the other end with viable resources. You will do well buying at these prices still because just the hint of some decent grades and this will spike to $45 M MC. I don't have the resolve to gamble any more. I wait for proven resource and funding now.
 
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