PLS in Comparison to Australia Lithium Stocks

Hi all,

When asked why are you invested in PLS / where does PLS fit on that cost curve of Australian lithium producers.

Start with a smile and feel free to use the below numbers:

#1 PLS Lithium Carbonate Equivalent production price is US$3,201 /t



Deutsche Bank Report (page 92)calculation table http://www.belmontresources.com/LithiumReport.pdf

#2 Orocobre  is currently producing at US$3,500/t

(http://www.orocobre.com.au/PDF/ASX19Jul16_ORE Investor Presentation.pdf)

#3 Altura Mining at US$3,945/t

(using same DB sheet above with spodumene cash cost of $298/t)

#4 Mineral Resources & Neomentals at US$7,247/t

(http://www.neometals.com.au/reports/667-MM11072016.pdf)


#5 Galaxy Resources - will be producing below spec 5.5% concentrate ~ costs should be similar to NMT / MIN

(NMT & MIN will be producing 4% and 6% grade spodumene concentrate)

Hope this helps to put things in perspective why I own PLS.

Cheers,
Super Ninja