Research report released today on Neometals.
http://www.neometals.com.au/reports/593-NMT_July2015.pdf
While not directly related to PLS, the report has interesting commentary on the recent deal on Mt Marion with China's second largest lithium producer.
The whole deal values Mount Marion at US$1,570 per tonne of contained lithium.
On this measure alone, Pilgangoora is already worth over 500 million AUD! (Pilgangoora 237,000 tonnes of contained Li2O)
And that is without factoring in coming resource upgrades, superior quality spodumene, tantalum credits, or any value placed on Tabba Tabba/Strelley.
I have upgraded my thinking on the eventual value of this venture as closer to $1 billion.
NMT Research Report - Implications for PLS
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