PLS takeover for LRS is highly positive for WC8, page-25

"Right now as crazy as it sounds Tabba Tabba would not get funded"

*Tabba Tabba 80 km from port. 70km sealed, 11km their own road (Pilgangoora 120 km from Port Hedland).
*Leia outcrops for 50% of its 2km length and has excellent potential for open pit mining (Pilbara Minerals has reported plans to expand its Pilgangoora3 open pit to depths of more than 440m below surface).
*A hybrid Dense Media Separation and combined rejects / undersize flotation process pathway has been interpreted from the bulk DMS performanceand flotation testing on the combined feed streams of fines and DMS rejects (similar to the Pilgangoora Phase 1 flowsheet).
*Leia pegmatite 2.2km whole orebody, PLS 70 thin and crispy pegmatites. Head grade similar to Pilbara (Fisty in the Livewire interview quoting 4:1 strip ratio).

Might be stupid question, but would Pilgangoora be funded in today's market???

Some similarities here between Tabba and Pilgangoora. The Minres sphere of influence may have scared them off.