What ever comes out of this , one things for sure. The company...

What ever comes out of this , one things for sure. The company is now in a good financial position moving forward and still has a very low MC....

MC = $9.5 Million  with 225 million shares on issue. (0.042c)

Gold:  56,300 ounces.

• PYBAR to provide all funding to develop the Second Fortune Gold Mine under a life of mine Mining Services Contract based initially on the Main Lode Probable Reserve of 56,300 ounces at 9.7 g/t Au1 (see Figures 1 and 2).
•   PYBAR will pay Exterra a Net Profits Interest (“NPI”) at a rate of 30% until PYBAR has recovered its peak cash drawdown and EXC will be paid at a rate of 55% thereafter.
•   PYBAR will advance an initial $250,000 to Exterra as a pre-payment under the NPI no later than three months from Commencement, subject to the satisfaction of Conditions Precedent.
•   Exterra to retain 100% of the exploration upside exposure outside of an agreed Mining Area around the Second Fortune Mine.

Lithium :

It is not until recent times that the Li potential in the Pilbara region has been investigated to any level. Rock chip samples in the Pegmatite Gully area at Moolyella have shown results up to 1.82% Li2O.
This compares favourably with lithium projects at Pilgangoora, 100km to the west of Moolyella, where Pilbara Minerals Ltd (ASX , PLS) have announced a Resource of 80.2 Mt of mineralised spodumene pegmatites at 1.26% Li2O (containing 1Mt Li2O) at a 1.00% Li2O cut off3 and Altura Mining Ltd (ASX:AJM) who have announced a Resource of 35.7 Mt of mineralised spodumene pegmatites at 1.05% Li2O (containing 372,000 Tonnes of Li2O) at a 0.40% Li2O cut off, and which is currently the subject of a PFS4.
The Moolyella Li, Sn, Ta project has similar geological and mineralogical characteristics to the Pilgangoora district, containing spodumene (Li2O) bearing pegmatites, which have not been subject to any systematic exploration.

PLS   MC = $677 million.

Potential here is breath taking!