We are going need more lithium, page-18

Quite right, Moowee.

It's interesting to note John Holmes in the Exklusiv vdeo from one month ago. His body language suggests some frustration and some of the things he says "a pretty aggressive timeline" and "commissioning will be in June 2018" (what happened to March?) suggest as much. I thought current drilling would contribute to an enhanced resource but he says "next we're launching into a major drilling program in Jan/Feb ... resource upgrade April/May next year". The recent Ann of pending resource upgrade seemed to imply early CY.



For everything to fall into place perfectly would be akin to a miracle.

While $5m of the enhanced spending in the recent Ann is re Stage 2, some $40m is being spent to get Stage 1 started as near to ontime as possible.

KB has seen the problem and he's thrown a fistful of Mitchell Johnson at it.

Anne, I would expect nothing less from a CEO than optimism. Anything less would be a worry.

If there's one investment truism I've learnt over the years, it's to get good management ... and PLS certainly has it.