MLS 5.00% 1.9¢ metals australia ltd

Can MLS go PMT way?

  1. 4,306 Posts.
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    Most punters would be aware of how the Canadian Lithium space is becoming hot. And its not just about speculation. Recent results speak volumes about a very exciting Lithium Area being explored and soon developed.
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    Please note that this just my thoughts and I could be wrong, so please do your own research. Happy to have other's thoughts as well. I am going for it. If things don't work out, the SP could 10%. But if things fall in place, it could be something very big.
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    Today we had an announcement from PMT of another 52m of 3.34% Li2O at the CV5 Pegmatite.
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    So how is it relevant to MLS?
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    Well, its not only highly relevant, it now opens up a completely new field for MLS. If MLS can get into action, there is a good chance we may also reap success of many Canadian Li explorers, and more particularly - PMT - Patriot Battery Metals.
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    So why is that MLS can suddenly become a giant from the minnows. Potential is endless.
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    This is because MLS tenements sit on the same CV Lithium Trend that CV5 of PMT is sitting. Its not a nearology, it practically sits in the same vein. Hence very high chance of doing well here. Company could have an announcement soon further work here as mentioned below..
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    This is from MLS announcement on 15th December. What did they write:
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    The Company will undertake remote-sensing data interpretation followed by intensive field work to
    delineate prospective lithium-bearing pegmatite zones within its highly prospective properties.



    This MLS tenement as can be seen below sits right at the right place.

    First pic below is from MLS announcement. Then I have two other pics from PMT presentation. Pictures speak for itself. Just think we start working on these tenements, what could happen in 1 month, 3 months and down the track. Our all time high of 20c may look small if things fall in place.

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    https://hotcopper.com.au/data/attachments/5010/5010256-66818d4f81d8bd8cda79440f227cea01.jpg

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    This is the main CV Lithium Trend. I think the star is where CV5 is. This is on same line that MLS has and is around 20km I think based on scale. PMT has more tenements around MLS as well.
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    This is from PMT Presentation

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    https://hotcopper.com.au/data/attachments/5010/5010286-68edadc17a68127668b19ef17037d025.jpg

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    Finally, another pic from PMT Presentation
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    https://hotcopper.com.au/data/attachments/5010/5010289-8e6c72f1d50dc61df223ed2e8662c019.jpg

 
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