Ann: Piedmont Increases Lithium Resources by 40%, page-26

Might pay to remember the relationship of "Size of Resource" thru to DFS and onto Cash Flow.

Nothing in that increase in Resource Size results in an increase in projected cash flows. In other words still going to be a 22,720 tpa integrated mine-to-hydroxide projected plus the merchant plant (plus SYA, +.....). Price, Volume, Cost are the levers for changes to Cash Flow.

What an increase in Resource does do is increase the confidence for the LOM of the project and the eventual Reserves which can be counted from the Resource (and the infill drilling will be important there to) ... important for debt facility.

The WOW moment is still to come IMO. KP has pretty skillfully managed the capital raising process putting PLL in a very strong balance sheet position for when the post DFS action starts.