RE:RE:Some thoughts on recents newsAustrian007 wrote: Great summary Juan..
The only thing I would add is that despite the higher grades in Australia, PLU's hard rock deposit is a cheaper and cleaner solution because of the easier metallurgy.
Thanks Austrian! Agree, economics is what matters at the end. Regarding this topic, I also forgot to quote what Dr. Laurence said in the last PR:
"To date our metallurgical work completed at several laboratories all over the world has determined that the geochemistry of several trace and major elements is mostly similar to a “high-grade” brine, with geotechnical similarities to a hard rock project."
Still working to fully understand what does that mean for Falchani economics. I guess we get lower opex from brines and faster ramp-up from hard rock!! https://plateauenergymetals.com/2018/11/19/plateau-drills-over-330-meters-of-lithium-mineralization-at-falchani-lithium-grades-up-to-1-24-li2o/
Austrian007 wrote: & Yes, 20X is a real possibility even without accounting for the Uranium.... I also think at some point PLU will be spun-off into 2 different companies.
Cheers,
Spin-off into 2 different companies? mmm... that would be great, from my experience this kind of "dividend" tend to perform very well in the short, medium and long term. Last month I sold some shares of a company (in Lima Stock Exchange) that was indeed spun-off from other company, and what I got from this "dividend" is much more than what was paid for the original company a few years ago!