PNN 8.33% 13.0¢ power minerals limited

Ann: Power Secures $1.5m to Expand Argentina Li Portfolio, page-17

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    Dr Nick Lindsay speaking on incahuasi

    "Up in the northwest where the salars occur, there is a great encouragement (from the state/provincial government) to get the projects off the ground"

    "in Argentina in the provinces, if you follow the rules, and they're very clear cut - prepare - know what you're doing - you'll get your license, you will advance there's no issues there"

    Presenter : i understand you're working on the pre feasibility study and you hope to have that out within the year, how is it shaping up?

    "Its a resource that will support a 20 year mine life of lets say 5000t LCE a year, which is a nice number"

    "in the process of completing a deal with a technology partner, and we will work together with the engineering and produce the PFS - itll come out in 12 months"


    Some of the important quotes from Dr Nick Lindsay speaking with the market herald who is the project lead for incahuasi.
    My interpretation is that once the deal is finalised with Summit, we will have a PFS with them within 12 months for a 5000t Lce/pa plant running for 20 years - Thats coming off a 250kt LCE resource. Go Power!

 
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