There is a reasonably accurately measured resource in the ground which initial mining and processing has been shown to be reasonably good.
Someone else wants a slice of that pie
They pay for the resource in the ground before it's out of the ground.
I don't know the ins and outs of whether they pay PLS to dig it up, or they pay their own contractors to come in and work alongside PLS, who knows, but it's not that hard to imagine that,
Lithium in ground
Someone wants
Someone else already owns
Money handed over
Now it's the other mob's
???
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- Ann: 2019 Diggers and Dealers Corporate Presentation
Ann: 2019 Diggers and Dealers Corporate Presentation, page-33
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