Ann: Cleansing Notice and Appendix 3B, page-5

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30/03/18

13:36

Post #: 32141083
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Originally posted by ozblue ↑

Hi everyone, interesting to see no-one has commented about this announcement. IMO this is significant as the extra ~$80m (@97c/sh) really boosts our prospects. Any thought of the cost of delays, or for that matter extra cost of being on time are irrelevant, we have the funds now!
I'm sure that the significance of having a huge supporter in POSCO from outside China has not been lost on anyone in the market. This diversity of interest should help quell any jitters people have in regards to a Takeover. The Chinese would not want the Koreans to have control over our resource and definitely vice versa. Neither would be happy with an existing major lithium player owning us, so we now have a setup for a bidding war should anyone launch a TO.
Our situation is very different to our neighbours!!

With DSO cashflow being just around the corner, reserve upgrade coming soon, new resource drilling coming soon, I'm happy that the shorts have such a large position.

G'Day Oz, good to see you back. I'm still here, holding a significantly larger number of shares since we last communicated and always on the lookout for some more cheapies if the market offers them out.

Also from that announcement it seems like there will be another $6.5mill in the bank account before the 16th May. (14.9m oppies). Almost a figure we could dismiss these days as we seem to be rolling in cash.....and then there's the income form DSO...I'm feeling April will be a defining month for PLS.
With a bit of luck the price will get a little cheaper so I can buy a few more shares, come on shorters market dip/worries, please let me buy some more at a little bit cheaper!!

Please excuse typing errors as I'm typing one handed after a wrist op yesterday. Lucky for me I've been well entertained reading a lot of posts about an African lithium play.

One last aspect, hopefully Ken B. is having a good relaxing Easter with his family this year. Last year he was working tirelessly over Easter to get all the last minute requests from the DMP together for the mine plan. I can remember a vivid phone call last Easter from a very frustrated man on either Easter Sunday or Monday (from the office).
This year we are in such a better and safer position due to all Ken's work and decisions.

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PLS Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
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Last $1.67		Change 0.090(5.71%)		Mkt cap ! $5.365B

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Price($)	Vol.	No.
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28	337683	1.660
15	326496	1.655
30	497785	1.650
11	146425	1.645

Price($)	Vol.	No.
1.670	381184	19
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Ann: Cleansing Notice and Appendix 3B, page-5

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