1MC 0.00% 2.9¢ morella corporation limited

Hi morro2 ... Did you translate it? It looks like a largely...

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    Hi morro2 ... Did you translate it?
    It looks like a largely unresearched report stating Altura is a global leader in tantalum production.

    I don’t think Altura ever produced tantalum - not even when it owned Altura Lithium Operations - so maybe that story is not a clue as to what is coming next
    (as Altura moves towards relisting on the path to “restore shareholder value” and also “maintain and protect Altura’s significant asset value”.)

    What will be next?
    Who knows?
    Maybe something to do with more exploration/development of AJM Pilbara gold tenements or a resurrected Sayona partnership in regards its’ Australian ground and/or has something to do with the Russel Moran Zinciferous agreement in July 2019
    Zinciferous Agreement
    “Altura signed a Cornerstone Investment Framework Agreement with Zinciferous Limited in July 2019. The agreement, which is non- binding, provides a potential opportunity for Altura to participate in the downstream processing of lithium in a newly constructed lithium conversion facility in China.
    Zinciferous is an unlisted Australian public company which holds an option to acquire up to an 80% interest in the newly constructed Tianyuan Lithium Carbonate Plant together with certain spodumene concentrate supply and lithium chemical offtake rights. The potential cornerstone investment could lead to downstream processing exposure and further lithium concentrate offtakes.”[ref]

    - Is that null and void now?
    Interesting to speculate on the what nexts

    cheers
    Last edited by sabine: 15/03/21
 
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