GREY:PLUUF - Post by User
Comment by
Wever1974on Nov 24, 2017 9:08am
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Post# 27024581
RE:RE:RE:Off the Charts Grade
RE:RE:RE:Off the Charts Grade
Anything less than 1% grades in hardrock is not
considered special . Once you break 1% it gets
interesting . The fact that cap ex would be shared
with u308 credit makes it very attractive . PLU
already brags a very low cost production prior
to this new discovery . This discovery should bring
its AISC to the one of the lowest in the industry .
The lithium should come out of the ground for
next to nothing. Processing isn't quite figured out
yet. The shear size of the find along with entire
posdibility of district scale makes PLU one very attractive
underlooked plays . Approx 50% of shares are held
very tightly by I siders. Once the u308 bull starts its
run for real this is easily 10-20 x if not many multiples
more. 100-400 grades in brine are not worth much .