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9.6¢ lithium plus minerals ltd.

Hopefully all goes to plan.CXO'S recent issues including...

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sle

10,688 Posts.

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13/03/24

07:17

Post #: 72857979
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Originally posted by trade2rich: ↑

Based on latest announcement, Lei would've been at cost-effective PFS stage or whatever equivalent.

Reached out to Simon this morning. Here's the list of news flow that we can expect in. next couple of months..

Met recoveries from Perth Lab (Simon is confident to get positive results, just waiting for lab details)

Update on mine design (part of PFS)

Progress on mine permit (part of PFS)

Recommencement of drillings (when wet season is over and/or rigs are allowed to go back in)

Lei ore is suitable for processing at CATL's processing
facilities with good recoveries. (Simon's words)

I think the reason of doing so again in a Perth lab is to attract offtake from all others, i.e. Gangfang and other producers outside China.

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Hopefully all goes to plan.

CXO'S recent issues including departures of key personnel is not a great look for the area even though I still have faith in LPM.

LPM Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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