1MC 20.0% 0.3¢ morella corporation limited

Ann: PLS: Conditional Agreement to Acq. Altura Lithium Operations, page-85

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    And there is something else most posters here does not realized:

    "The acquisition of the Altura Project would provide Pilbara Minerals with a unique opportunity to realise tangible operational synergies by consolidating the two neighbouring projects into a single integrated operation. Of particular interest to the Company is the opportunity to mine that section of the Altura orebody that is otherwise "sterilised" without access being granted to Pilbara Minerals’ ground to undertake mining activities."

    Basically means PLS is the ONLY one who could maximize the synergies.

    If another company bought it, they could spend years in court trying to gain access to these grounds.


    Last edited by Cosmoterios: 28/10/20
 
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