Ann: CXB & PLS sign MoU to test Pilgangoora project, page-16

  1. 9,485 Posts.
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    They have squat Diesel . No money and leases they can't afford to progress .
    The deal with Strategic is in its infancy and looks like CBx are doing a bit of work to test the process .

    Point being if it works with PLS dirt and a profitable venture can be completed then cbx could gain finance and pay for the dirt/rock etc . CBX is certainly very weak financially and their stock is illiquid but is Strategic Metallurgy ?
    http://www.strategicmet.com/lithium-technology
 
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