Here's my take on short, medium and long term...... Lemare...

Here's my take on short, medium and long term......

Lemare (Canada)
IMO this is the one that represents a really big future for PLP. I think its the reason we poached new CEO Joe Walsh. The timeline is aggressive on this with a JORC resource targeted by EOY. Quoting RO8... "Let's say, as expected - (Lemare) - Drill arrives, drill permit approvals granted, then an Ann stating we are about to determine "what we have as a resource" AND PLP are COMMITTED to continuing forward into production as is our company focus - this could have a significant impact in regards to Lemare and the market acceptance of the pending Ann."
Short Term +



LRS (JV)
I was dubious for a little while, but RO8 frequently pointed us back in this direction with good reason. Recent placement (causing a bit of havoc to their SP following allocation) has put +$3m into the companies hands so once those Argentina tenements are approved (any day now?) l would expect a prompt increase to our SP. LRS are going to carry first $1m in mine fees in lieu of L-Max. Looks good for us.  
Short term +

EMH (Option to use L-MAX)
If/when EMH exercise the option, SP will increase.  Then, as the Cinovec mine setup acheives its milestones the we will see progressive +pips also.  Bit of activity in tight lines over there so something may be brewing... In all communications by EMH, they have been bullish about L-Max. Looks good for us.
Medium term +

Euriowie (Broken Hill)
Preliminary site investigations here looked especially good. This could be our big play in Australia, given LIT has licence rights to L-Max in W.A. Native land owners seem to be playing hardball which has really slowed progress. Approvals to proceed will probably only generate a blip on the radar initially.
Medium term +

CAS (JV)
Seem to be focused on Gold at the moment, it's a smokey but the JV looks dormant right now.
Long term +


Gobbos (Copper in Western Australia)
In a holding patern. We're unlikely to mine this area, as preliminary results were "interesting". Sale is unlikely IMO, but there's a slim chance of a JV. Only then would l expect a SP increase on this asset.
Long term (at best).


I could be WAY OFF in my assessments, but hey it's all just IMHO. I have probably missed some prospects, in fact l can think of a couple already. For me, l have said before, l'm always waiting for that LIT/PLS style commercial plant deal that will push L-Max and PLP well and truly into the limelight. There are a lot of big players out there that surely could get added value from our technology...  where are you all!?