Starlight will be fast tracked to near term production (1) metallurgical studies underway with abutting resources presenting excellent recoveries (2) 5 mills within 130kms with processing capacity available (3) processing and shipping of Starlight ore IMHO can (conceptually) commence at end of current calendar year / early in the new year because Starlight is on a mining lease AND the resource is within 2m of the surface. This represents a very simple / low cost development option (4) MGV is very cashed up ($11.1M less 3 months operating costs) and CAPEX / up front costs to strip first 50,000 -100,000 tonnes of Starlight is miniscule (several hundred thousand dollars) (5) Reread my cash flow guesstimates posted earlier on Starlight, will send MGV share much higher. Good luck to all longs.
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
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