The great thing with this deposit it gets thicker with depth. They can have a 20+ year open pit mining operation followed by underground for another 20+ years. All they have to do is develop it in similar pathway to LTR - mine spodumene initially until sufficient cash in bank then get a Li Hydroxide plant developed and transition to a Li Hydroxide producer. As other's have said this is most likely larger than a 200Mt resource once they drill it out.
Ann: Patriot Battery Metals Commences Trading on the ASX, page-204
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Last
52.0¢ |
Change
0.010(1.96%) |
Mkt cap ! $323.9M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.5¢ | 50.5¢ | $1.288M | 2.499M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 50000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PMT (ASX) Chart |