Positives to look forward to next 3 months, page-17

The transport study and the 5 & 10mtpa scoping study could come at any time now. 

 

On the transport I suspect the company is locking down key data points with third parties supplying the facts.

 

Being a study, there would be scoping on further grading of transport routes and any new options that have emerged and, statements on funding for said routes. What will be critical is seeing timelines in accordance with commissioning phases. 

Met tests well this was flown into Perth in January so results may well be later this month or April?

 

Pattersons report. Pattos will be providing some guidance to other institutions with a price recommendation. Like what Blue Oceans equities and Hartleys did for PLS. I expect some good upside when this comes out as there will be a BUY rating attached with valuation in $$

 

New mining chairman is vital wouldn’t you say? I recall PLS did this when they appointed Ken Brinsden. This is the logical step from being an explorer to becoming a mining enterprise. The chair would bring his vast knowledge and transition the Manono project into a new Greenbushes 2.0

 

Once the DFS comes out anyone sitting on the sideline/fence will pile in to get a piece of the pie. Maybe those MOU participants will want their share and we could see some real action with them. It’s not every week a deposit comes along with 2-4% spodumene. Any offtake agreements will see this rise for sure. Let's not forget that this extra drilling and Met tests will alter the JORC categories higher in both Measured and Indicated which will have a significant impact on the value of the resource.

 

Insert Pic of drilling 4% Li2O

 

Financing will likely sure up the footing dramatically. Will give many a green light to enter

 

5 year tax free holiday likely to come out with DFS and the tin credits will come into play as well

 

10% extra of the project will  help push the share price but not a huge difference prior to DFS

All in all there appears to be many factors that will push the share price higher in the coming months