This might be old news.. Source: http://www.atlasiron.com.au/site/PDF/8202_1/ResearchNoteEuroz31August2017 Refer to Page 13: Lithium DSO Logistics Atlas and Pilbara Minerals (ASXLS) have entered into an MoU whereby Atlas will provide logistics services to Pilbara Minerals to export DSO Li ore from its Pilgangoora Lithium Project which is currently also in development. Atlas would leverage its existing capability in haulage, crushing/screening and port services. PLS had indicated it intended to export up to 1.9mt of DSO from July 2017 subject to an o take agreement. Clearly, the timetable has slipped however we understand this opportunity remains alive. Lithium Mineral Rights PLS has acquired a 51% interest in E45/4270 (aka Cisco Prospect) from Atlas. PLS may increase this to 70% by spending $1m on exploration within 12 months. It may then earn a further 10% by carrying Atlas to completion of a DFS and progress the project to a decision to mine. Atlas will retain a 20% interest. Atlas has retained 100% of E45/4517, also prospective for Lithium, known as the Pancho Prospect. Atlas will explore for shallow ore suited to rapid DSO development.
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