calm before the storm, page-45

PF, it seems to me that it would be in the interest of any prosoective buyer of PLS to get in soon rather than later. Realistically, with lithium price movements since 2012 and exchange rate movement, I think I recently calculated green bushes value at about $1.6b based on the buy out price. Of course they have an operating mine

I would think that at the first confirmation of expanded resource up to circa 50% of greenbushes a rockwood or alike would be swooping (doesn't need to be chinese). So at an equivalent price ratio, less set up costs, plus tantalite income (and the gold we will find), $1.30 is not impossible. It is a bit of a dream, but who knows what can happen if some one wants our resource real bad!
If a prospective buyer waits too long then $1.30 could be exceeded.(imo)

Personally I prefer a buy out that proceeding to a mining company. Less ups and downs.

Good luck to using