I think the last resource update provided a clearer picture of the Pilgangoora resource. That was a substantial lift in grade and size of resource. Shows how adjusting the data, dropping out lower grade tons and adding in new drill results can drastically change the economics of a project. Yes, Greenbushes is a freak resource, but that big Pilgangoora circle now looks similar in size and is closer to the Greenbushes circle than it's ever been. The ore sorting technology and other plant improvements are showing their worth and PLS management have done an outstanding job with innovation and implementing it. Midstream project, I'm excited.
PLS Price at posting:
$1.21 Sentiment: None Disclosure: Held
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