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2.82% 7.3¢ pan asia metals limited

Ann: Reung Kiet Lithium Project - Drilling Update, page-21

  1. b7667
    594 Posts.
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    08/02/23
    16:29
    Post #: 66139623
    Hard to know exactly what Paul is thinking and the 2 years to production timeframe could be his best case scenario through joint ventures. It sounds like it could be based on the DFS and then mining licence being finalised in 2024, then they can start digging early 2025 and use joint ventures into downstream production which could be for both lithium chemicals and CAM manufacturing using other company's existing plants.

    We'll find out more in 2023 if Paul's advanced negotiations into downstream chemical production and early talks on government support for the chemical plant construction come through. All just speculation on my side.

    I'm sure he has based it on reasonable assumptions although delays are common as been mentioned by several people.
    Last edited by b7667: 08/02/23
    PAM Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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