PLS nearly went broke, acquiring better grade AJM saved them and...

PLS nearly went broke, acquiring better grade AJM saved them and the massive increase in lithium price is what helped saved them and others with geologically inferior deposits which would never have survived.

LTR-cost blow outs to build mine. Main orebody 3-400metres below ground…. open cut part is inconsistent low grade-expensive to mine and convert.

CXO-postage stamp deposit.


You have NO understanding of geological risk and Australia does have sovereign risk in building and developing mines. If you bother to do some research there are many examples e.g. Gina Reinhart’s Roy Hill mine.(try at least 5 years of red tape) LTR-took two years before Kathleen Valley could be fully drilled because of native title issues.

Regarding the DRC. AVZ were given assurances. It is not their fault. The president is pro-mining and welcomes investment. His advisors and corrupt Zijin were at fault.

AIMO