This one has plenty of LT value IMO - offtakes and funding will be critical of course, but can't see any major hurdles to getting either once the PEPR has been assessed and signed off on.
Key points from the quarterly -
1.Mineral lease has already been approved ü
2. PEPR is well advanced - this is the last step required before mining can commence (will be complete by end of the year).
3. Community engagement plan needs to be finalized and submitted by the end of August.
4. Local council is on board and supports the project in its entirety.
5. Still very much on track for production and sales in 2017
GLTAH
LML Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held