I listened to the Clifford presentation and was left thinking about what is happening with their American lithium assets. No mention, even though a broad question was asked about lithium.
From the Feb 2020 ZNC presentation the concept appeared to be a joint venture with Bradda Head. Provided Bradda Head spent $5m before Feb 2021 it would get 55% of Zenith's five US lithium projects and Zenith would be left with a 45% interest.
Well, we are past that deadline, yet no news.
While the price remains well below its all time highs, lithium carbonate has gone up by nearly 70% since the end of Nov, so one would think these assets are starting to come back into play. Hopefully some announcement soon.
Source: tradingeconomics.com
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zenith minerals limited
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