Looks like PLA are going to BFS on Kalplats with current resources plus Vela, Sirius and the 2 Serpens which will be updated late-June. Scorpio and others appear not to be needed to flesh out the BFS.
Management must be very confident because we know from yesterday's drilling report that they are still drilling Vela and Sirius and the assays from current drilling can't be done quickly enough to be included by end-June, (unless they have a found a very fast track through Genalysis' labs).
Predicted $120m EBIT off Smokey Hills sounds pretty fair.
No mention of Panton in interview. Thought he might have thrown in a comment about the other imminent BFS.
PLA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
