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.

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Plateau Energy Metals Inc. > Maiden NI43-101 resource calculation

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Comment by agooberon May 30, 2018 11:42pm

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Post# 28103276

RE:RE:RE:RE:Maiden NI43-101 resource calculation

Lithium X was bought out for roughly $300 mil and they had a resource size of about 2.2 million tonnes of lithium carbonate hosted in brine so it needs to be evaporated which takes about 18 months. PLU has about 5X that amount and their product is hosted in sedimentary rock so (if it is extractable) there is no evaporation delay. If you use that 5X multiple and dont discount the project we would be looking at an approximate valuation of ~$1.5 billion. Yes that is right, BILLION. The market will wake up and realize what we are dealing with when the company releases its maiden NI 43-101 resource.

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