PEC 20.0% 1.2¢ perpetual resources limited

Ann: Multiple Spodumene Trends Confirmed at Isabella, page-54

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  1. 1,329 Posts.
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    A lot to prove up with the drill bit as yet but all going well and another deposit similar or better than Colina (LRS) then 10+ bags from here.

    Take a year of drilling with 6 plus rigs to get a measured resource for the Isabella tenement then flog to Atlas 500m away, this will need a decent well spent CR to prove the asset.
    The Isabella asset is looking great with a length of 800m so far and a sample with 5.62% Lithium is outstanding if they can get an average >1.1% strap yourself in for the ride, the other encouraging selling point is this is from an outcrop so strip ratio will be good plus the Nearology to Atlas
    When/if sold the proceeds can be used to go all the way with Raptor REE's or flog that to Meteoric (MEI) right next door as well.

    All positive to me. NFA DYOR....... blah blah blah
 
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