I have posted a few details on several occasions in the past. The pollucite ore is worth, of the order of, $20,000 a tonne. PIO describe it as "very valuable" and have not done any feasibility. They obviously consider the mine so profitable that no feasibility, apart from a very short mental calculation, has been necessary for the decision to proceed with all possible haste. They have a proven resource of 10,000 tonnes and six or seven drill sites. They have drilled, or are drilling two additional sited and one is being drilled by LPD with PIO retaining the rights to pollucite and spodumene. Very exciting project.
PIO Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held