As a long term PLS holder I dont mind saying that they have enough on their plate. The resource they have is looking more and more like its bigger than Greenbushes so they are looking very healthy. I hold MPJ as well and this was a surprise ANN when they moved in Pilbara. If they find something good but not quite good enough to go it for themselves then it could always be a selling piece I guess to PLS down the track. What I liked was MPJ must see the current market and have confidence in themselves to make it work. I say good on them and fingers crossed they unearth a little gem.
MPJ Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held