Yep 15MT was what DC said was the target at Mavis only...during the Sydney presentation (when price spiked to 10c).
Add in the new Raliegh tenement in Canada...and possibly Forgan Lake. The Quarterly alludes to other possible acquisitions:
Acquiring projects within a future haulage distance radius is consistent with the operational strategy, being to pursue prospects with records of high lithium grades in spodumene pegmatites to maximise potential ore-feed to a centrally located processing facility.
WA lithium tenements Pioneer Dome (20km strike length), Donnelly Lithium project near Greenbushes (220km2), Phillips River (340km2) east of Mt Cattlin & the new Bogardi Lithium project (25km x 8km).
Could eventually give pls & others a run for their money with all this lithium ground if proven up...
Plus the gold and base metal projects Acra, Golden Ridge & Juglah dome. Nickel projects Blair (222,710t) & Fair water. Oz's and tonnes in the ground are still worth something.
Hopefully further JV's are considered by management to get some of these other projects moving...
The Quarterly also has the details on a couple of other tenements that pio has NSR's & JV's in. The Ravensthorpe project - Silver Lake Resources (1.5% NSR pio). Wattledam JV- Tychean Resources (nickel pio 20% free carried). Larkinville JV - Maximus Resources (gold pio 25% free carried & nickel 20% free carried). With base metals moving off their lows and gold heading up again...some of these other tenements and JV's may come into play at some point?
News on other company business could come at any time imo...
Cheers & GLTA
