Ann: Investor Presentation - RIU Resources Round-up, page-13

Would like to know why the PEA has been pushed back.  I note the lack of assays from Seymour compared to Root may be the reason.


GREEN TECHNOLOGY METALS (ASX:GT1)
May 5 share price: 60c
Canaccord share price target: $1.90
(208 per cent upside)
In 2021, GT1 inked a $9.2 million deal with Canadian gold explorer Ardiden (ASX:ADV) to develop ADV’s non-core lithium assets in Ontario.
Since then, it’s been a blur of activity. Aggressive drilling culminated in a recent 4.5Mt maiden resource at the Root project, taking its global inventory across that and the more-advanced Seymour Lake to 14.4Mt.
There’s plenty of room for growth, says the company.
With big shots like Primero, Lithium Americas Corp and AMCI in its corner, GT1 is targeting first spodumene production at Seymour Lake (9.9Mt at 1.04 per cent) in 2025.
A PEA on the project – the equivalent of a scoping study – is due out mid-year.