Ann: Piedmont Lithium Receives Federal Permit to Develop Mine, page-14

Underlying value in PLL is still increasing and sometimes it can take the market a whilst to catch up;

• 25+ mine life with potential for materially higher reserves and resources
• premier lithium belt in Nth America, proven processing and chemistry from historical local production
• planning risk now minimised
• low capex and very low opex (about, gas prices, transportation)
• no royalties (massive advantage as based on revenue) and low US taxes (will be close to half the Australian rate)
• close to customers and future demand
• All this for $80m market cap with circa $20m cash on the balance sheet

There are obviously some weak, impatient, hands but they will come to regret their decision - this stock can double and still look cheap