Ann: Trading Halt, page-159

If ALB come good , CE, imo would not be interested in increasing exposure to ore material..MIN has enough..he would be interested in increasing MIN's exposure to hydroxide processing where the margins lay.. so I do not feel MIN will be a safe bet for PLS ..as I said the other day on the PLS site , PLS needed this CR and I projected 200m shares @ 40cents to raise $80m to get them through..two days later it's 200m @30cents for $60m.. May be a bit light on but I think enough to get them through to clear sky in 6-9 months.. imo things will change quickly in the Li industry as China adapts quickly to the new rules about grade ..PLS will adapt equipment to remove impurities to an acceptable level..they just need a bit of time and this CR is what is needed although I prefer another $20m in the bank through the CR as safe measure .. if you are thinking of selling at this stage I think the best bet would be to hold on..