I like the idea of adding the word lithium in the name. That's the cheapest way to advertise what the company is - and it will boost the market cap once listed.
As for getting a move on. The plan always was for a listing later this year so hopefully that stays on schedule. I understand that they are doing plenty of work on the project ahead of the IPO.
A quater report was sent out late last month.
Some of the better developments are are big increase in acreage with more under negotiations.
Some highlights below.
Almost 10,000 acres of definitive Surface and Mineral Leasessigned by development agreement in East Brawley and areunder Phoenix control with continued negotiations on thebalance of leases.
Advanced discussions for definitiveagreements on the Salton Sea leases are progressing towardsfinal sign off.
Geophysical works started on 30th May 2022 in East Brawleyover a ~12,800 acre footprint, concluding the end of July 2022.
We expect a final report to be available circa August 2022which we view as a significant and important milestone forPhoenix.
Geophysical contractors will then move to the Salton Sealeases to assay ~3,000 acres from August
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Phoenix Water - PXW - Lithium - 100x, page-35
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