INF 4.00% 5.2¢ infinity lithium corporation limited

Ann: Key Exploration Permit Granted, page-32

  1. 2,149 Posts.
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    Maybe once the project is completely approved. Next, they have to present the new underground project, the feasibility plan, environmental impact study etc to the Board of Extremadur to request a concession permit for exploitation. If that works out, this will rerate especially if lithium prices bottom out and reverse later in the year. I've been topping up and it's nice to be solid green again. Some risk here but the reward is also potential huge. As others have mentioned, there is strong geopolitical pressure right from the top EU level to fast track these projects in light of the embarrassing realization that the EU is not self-sufficient in almost anything. Additionally, even at the town level, the protestors are in a minority according to past polls (which have likely improved further now that the mine is underground and very green) and the town desperately needs job creation to address is high unemployment and stop youth migration from the area due to a lack of employment opportunities. Hopefully, common sense will prevail, and this project will end up being a great benefit to the town.
 
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