GREY:PLUUF - Post by User
Comment by
juanPeruon Jan 06, 2020 10:29am
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Post# 30521725
RE:Target SP
RE:Target SPI think that, if everything goes as expected, we could reasonably expect a retest of 2018 highs this year, what happens thereafter will mostly depend on how the lithium and uranium markets evolve. What I'm expecting is basically:
1) A Medida Cautelar for the second group of (15) claims in January
2) PEA in Q1 showing the production of battery quality LCE at a cost of around $4000 per ton
3) A favourable first instance decision (claims) in March-April
4) Uranium legal framework in H2.
Also, this year I expect the vacancy to be declared in Puno for the position of regional governor, followed by elections. Hopefully, a pro-mining (or at least not a known anti-mining one) governor will be elected minimizing risks in that front.