Pure Energy Minerals Ltd (PEMIF)

[ahab333]

I listened to the last call from May and I am assuming from what I heard that it's possible we might here a PEA somewhere around end of August or in September.

They are saying that a feasibility study will be the next report and that may take 18 - 24 months or earlier. It also appears from that CC that the northern stretch of the drilling looks much more promising than the southern area.

I also learned that Tesla is banking on PEMIF's pilot plant to get a good idea of the costs of production & when extraction of Lithium Hydroxide is expected but PEMIF can't really say until more drilling completions have been performed. BUT, it does look very promising especially in Clayton County where permits are easier to obtain since that is a strong mining county not just for Lithium but gold also so Clayton county is a progressive and transparent regulatory environment to work with.

Hope I got this all correct since I usually invest in Bio's so my understanding of mining operations is pretty new to me. Correct me if I'm wrong

HOpe this helps ye all - GLTA

HCIT