Ann: Lithium - option exercised, drilling to commence-PSC.AX, page-70

Yesterday I have realized that current retail shareholders are seemingly mainly SP driven
but not company value or prospect based. This means it is likely their holding is very fragile position.
Pump & dump, shaking trees, wash trades, etc..........are all purposed way of bigger players tactics.
From my views, nothing to concern much. Even brexit is not much relevant.

The following peer companies comparison comes from recent BGS's presentation p10 on 15 June 2016.
1. Tailson Lithium/ Greenbushes/ production/ 118mt [email protected]% (2.832mt contained Li)
2. GXY/GMM/ Mt Cattlin/ production/ 16mt JORC @1.08% (0.1728mt contained Li)
3. NMT/ Mt Marion/ construction/ 23mt JORC @ 1.39% (0.3197mt contained Li)
4. PLS/ Pilgangoora/ development(DFS)/ 52mt JORC @ 1.28% (0.6656mt contained Li)
5. AJM/ Pligangoora/ development(PFS)/ 26mt JORC @ 1.2% (0.312mt contained Li)
6. BGS/ Bougouni/ exploration/ target 15-18mt @ 2.2% (target 0.33-0.396mt contained Li)
　
7. While, PSC/ Arcadia/ exploration/ target 15-18mt @ 3-5% (target likely 70% of 0.45/0.75 - 0.75/0.90mt or medium 0.6mt-0.825mt contained Li); almost open pit easy mine, highest grade, potential to likely expand, total Blue Oceanic position, extreme foreign currency (US$) hungry government backing.........

Regards,