PNN 3.53% 8.8¢ power minerals limited

Ann: Salta Lithium Project - Lithium Confirmed at Rincon, page-78

  1. 5,702 Posts.
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    My take on todays announcement

    a) Sophs selling into the news
    b) RED DAY all over the Li market, so no one was spared.
    c) Expectation in regards to grade / nearology AGY - 390ppm not met, perfect storm really.

    Most regard grades of 200ppm or more to be commercial, we happen to be 50% more than that, so we have a project on our hands, Pular regarded as having superior grade, so the question has to be asked, what grade is everyone expecting there?

    All in all, happy to see this play out, people will pour back in soon enough I am sure.

    GlTAH AIMHO
 
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