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@Freehold thanks, that makes sense

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brisen

507 Posts.

22/02/16

11:39

Post #: 17080971

Originally posted by Freehold ↑

At the time you tipped PLS it had a Mcap of approx. $72m ...Therefore It falls into the & 20-100m category for Genuine Re-rate not the $100+

It has risen by 208% by Friday CoB last week by my records but would need to have risen by at least 495% to appear on the leaderboard for that category.

Hope this clears things up...

Here's your Tip

Column 1

1 MC: 72.6m Cash: 1.276 m (at end of Q1 - recent CR for 6.465 m) Shares: 659.6m PLS is in the process of moving from explorer to Tantulum producer at Tabba Tabba with mining to start in Q3 2015. PLS also owns 100% of the Pilgangorra project which is progressively becoming one of the largest hard rock lithium tenements in the world. Assay results for the remaining Priority 3 drilling project at Pilgangorra are due imminently with the results from these holes likely to further increase the indicated and inferred reserves of lithium and tantalum at Pilgangorra. PLS has also announced an intention to purchase the 50% share of Tabba Tabba from Nagroom Pty Ltd, which will result in PLS holding 100% ownership of Tabba Tabba. This will result in an income of approximately $18m in the first year of operation of the mine from sales of Tantulum to GAM under the current off take agreement. The permit to commence mining is due imminently with the equipment in situ and ready to commence production within 6 weeks of approval being granted by DER. Content opinion only. DYOR as the content is based on my personal research and opinion only.

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@Freehold thanks, that makes sense

Upvote

0 Great analysis

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First 30 Last

@Freehold thanks, that makes sense

Fast-track assaying yields 182 g/t gold for iTech at new NT play

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@Freehold thanks, that makes sense

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