Plateau Energy Metals Inc. PLUUF

RE:RE:Crazy tin foil hat theory

[Y93H1979]

Thanks for linking those articles Juan, very interesting indeed! I like the first one, a lot of info there. 25 companies having expressed interest is intriguing if indeed it is true!

I agree with you about the PEA. It has to be done ASAP, but I think a lot of people will already have a pretty good idea about the numbers. We already know a rough strip ratio, and the sulphuric acid consumption. If they have a plan in place to source sulphuric from Southern copper, that would save on the building of an acid plant, which would save heaps of $$$. 

I agree Austrian, $5000 EBITDA per tonne is conservative, I would be interseted to find out what 99.7% LiCO3 really sells for!

I like that they would not cede control of this project and express their desire to see it to production. The best possible outcome for us longs is a bidding war.

I liked Dr Stefans comment about expecting/hoping to double the U resource. He must have a lot of faith in the rest of the radioactive anomalies in the Falchani area. Lets hope his faith is well placed. A doubling of the U resource at Falchani grades of 600ppm (at surface no less) would make this a truly world class U deposit, and in my mind would make it competitive even to Arrow. Arrow can produce more per year, but cost wise, PLU would be in the same ballpark with much less upfront capital and shorter time to production. 

I agree with the tone of the first article, that this all comes down to the relations with the communities. This is so true for all projects in South America. Let's hope that their relations really are as good as they say. At least they were allowed access after all these years!