PUR pursuit minerals ltd

Same people, I was a shareholder for 3 years from 2020-2022,...

  1. 7,266 Posts.
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    Same people, I was a shareholder for 3 years from 2020-2022, sold out when PUR acquired Li Project, You can look on PUR HC Threads from those years, I have Plenty of Posts, The Big Boys are still there, see below

    https://hotcopper.com.au/data/attachments/5323/5323493-b4f1c36ecd51811b0fa3bf55ed31a4b7.jpg


    Found nothing here

    https://hotcopper.com.au/data/attachments/5323/5323503-7498b938289212d1d21e8baf1dad0fbc.jpg
    Found Nothing here


    https://hotcopper.com.au/data/attachments/5323/5323541-e7a11c758cfd02189517ace75ae6cf5b.jpg

    https://hotcopper.com.au/data/attachments/5323/5323505-938392972d7e82acb8351017327084fe.jpg
    https://hotcopper.com.au/data/attachments/5323/5323510-e7ff6059f1d56e43f53a29e7f0996597.jpg
    https://hotcopper.com.au/data/attachments/5323/5323512-3713ea2fd7fd93ef1f3746c976c3d3f3.jpg
    https://hotcopper.com.au/data/attachments/5323/5323516-88fe8d8f7de6875677f4e8e5a21a05dd.jpg
    https://hotcopper.com.au/data/attachments/5323/5323519-51feafb7c9ffe0729f15c9c9f2f9a1b5.jpg

    https://hotcopper.com.au/data/attachments/5323/5323535-05213ba96d93679696caf4c46f9a9305.jpg

    https://hotcopper.com.au/data/attachments/5323/5323523-5d9aba48ee232aa76a26f80401104201.jpg
    Found nothing commercially worth mining on any of these tenements



    These Tenements were sold in late 2019 to acquire the above tenements

    https://hotcopper.com.au/data/attachments/5323/5323532-6235c29164dc33b2692cbc57df68b7ad.jpg
    https://hotcopper.com.au/data/attachments/5323/5323544-8662a2d0f00053b059a77ac430c1a7cf.jpg


    No Rare Earths Found, No Gold Found, No PGE's Found, No Copper or Nickel Found all low grades not for Commercial use

    I dont hold but I'm still watching, basically PUR up to now PUR have found nothing worth mining,

    I sold out after PUR acquired the Li Mine in Argentina

    This will take 5 years or more to come online

    Needs more Exploration Drilling, so they can see the size
    Then do a JORC resources,
    Big Drilling Program and Results. at the moment PUR has only a Resources in the ground of 2.1Mt of Lithium Carbonate av grade 370mg/L

    The Tenements they have


    prove that its Brine can produce battery grade Lithium Carbonates,
    Lucky they have a Demonstration Plant.

    show if they can produce High Quality Li Carbonate
    The Demo Plant can only do 100t/pa

    need a Lithium Processing Plant that can do 22-30 times that amount , Lithium Plants are not cheap to build

    DFS and BFS

    offtake agreements

    https://hotcopper.com.au/data/attachments/5323/5323588-20d42f49763cdecf83949b0f600422f9.jpg
    Target annual production of 20,900 tonnes battery quality Lithium Carbonate

    https://hotcopper.com.au/data/attachments/5323/5323594-0bb8e72f4212e5c544ad632c04b74075.jpg
    PUR Share Registry will be diluted further once they start running out of money

    like I said this will probably take 5 years or more!

    GLTAH

 
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