CRR 12.5% 0.9¢ critical resources limited

Ann: Kanuka Lithium - Drilling Contract Executed, page-4

  1. 6,296 Posts.
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    Let me get this straight

    3km x 200m pegmatite exposed by historical mining and current activity

    JV Partners MMR has processing equip ready to go

    Mining License Granted

    Infrastructure and Power to facilitate workers and Mine

    Proven trucking route from Kanuka and ability to reach end users

    Surface samples indicates vast amounts of Spodumene in excess of 2%Li

    4km from AVZ Manono Lease (lease valued at approx $1b)

    4CE has additional land holdings outside the mining area at Kanuka,KITOTOLO as well

    Accelerated plan to drill and go into production

    Market Cap $40m

    Some may think it’s a tad undervalued

    Interesting to see the free cash flow from operations next year
    Last edited by Pilbara Wanderer: 28/03/18
 
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