PLL 7.14% 13.0¢ piedmont lithium inc.

There are basically two options to dodgy reports. Ignore or...

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    There are basically two options to dodgy reports. Ignore or respond.

    PLL appeared to be going down the ignore route while A11's trashed share price on AIM required them to go down the respond route. Discussions will have occurred between A11 and PLL and PLL has decided to flip to the respond course of action. This however requires a trading halt while the response is drafted and approved by the relevant boards.

    My thanks go to TORO (Twitter handle) for pointing me in the correct direction. The following two tables and chart are from the prospectus. All the commentary in the Blue Orca report about Joy Transporters relates to the Salt Pond and Cape Coast tenements. While these are important for further exploration targets beyond the current 35Mt, Ewoyaa is on the Mankessim tenement. Development of Ewoyaa is therefore not going to create the royalty payment (described as bribes by Blue Orca) that are suggested and the fundamental premise of the report. That's before getting into important technicalities like Blue Orca not knowing the difference between a Mining Licence and an Exploration Licence which is pretty fundamental.

    https://hotcopper.com.au/data/attachments/5111/5111076-50408f8aa1d603436c3014edfd65b529.jpg
    https://hotcopper.com.au/data/attachments/5111/5111085-60205502397218dd1e69be43aedb5537.jpg
    https://hotcopper.com.au/data/attachments/5111/5111104-c3128486e9a7b159c34b2a193120efdd.jpg
 
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