Plateau Energy Metals Inc. PLUUF

Energy

Plateau Energy Metals Inc is an exploration stage company. The company is in the process of acquisition, and exploration, and evaluation of mineral properties in Peru. It is principally engaged in the exploration for uranium on its properties located in the Macusani plateau region of southeastern Peru and the Falchani lithium project.

GREY:PLUUF - Post by User

Plateau Energy Metals Inc. > Valuations

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Comment by Austrian007on Feb 03, 2018 2:34am

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Post# 27495561

RE:RE:Valuations

That's a big jump... why so?

The PEA of PLU is based on $50/lb and we may not get there easily... we might, but we may not as well. There are a number of projects that will be turned on between 40-45 such as energy Fuels that will ramp up production from 1Mlb/annum to 6 or even 8Mlb/year at 45...

However because of the associated Lithium if Plateau becomes profitable at 30 (which is still almost 40% higher than current spot), then it does indeed become interesting..

I do have some queries such as the hard rock associated with their lithium projects... so the cost of extraction could be high... but I am not sure... hopefully they can answer these queries in their next release as part of Q2 reserves release..

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