That is correct , its a very small operation for any major, that's why its important for PLV, to keep its dilution to the min.
we don't want to see a 700mill. mrkt. cap achieved through cap raising and the stock is still in the cents .
if PLV can sure up a resource of 250m/t which i am sure they will , Tony needs to think a bit bigger , and increase the production to 10M/T/Y , that will still give him a 20yr. mine life , 5-7M/T/Y is pretty small , maybe it would put pressure on cost to produce more then this ,but he also seems very keen to have a 20yr.+ mine life for some reason! the PFS will put the economics in perspective, 10M/T/Y should put us on a mrkt. cap of around $1.5-2BIL.with ease, thats huge growth potential considering she's only sitting on a mrkt. cap of a $110MIL.now, and off course you will need to take any future CR into a/c
- Forums
- ASX - By Stock
- top 20 pedigree and vital statistics
That is correct , its a very small operation for any major,...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online