Last month, the company boosted the overall resources at its Piedmont Lithium Project in the US to 19 million tonnes at 1.15% lithium oxide.
() (NASDAQ:PLL) has a new substantial shareholder in The Bank of New York Mellon Corporation (BNYMC) with a 6.38% stake.
BNYMC attained this status on May 6, 2019 and holds about 42.76 million securities in the emerging lithium company.
Last month, Piedmont delivered an initial resource from the Central property which has boosted the overall resources at the Piedmont Lithium Project in the US to 19 million tonnes at 1.15% lithium oxide.
The initial Central resource is 2.8 million tonnes at 1.34% lithium oxide with more than 50% of this sitting in the indicated resource category.
This estimate is based on just 18 diamond core holes for 2,840 metres with the deposit remaining open in all directions.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Piedmont Lithium Ltd named herein, including the promotion by the Company of Piedmont Lithium Ltd in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE