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$1.34 calix limited

Ann: Receipt of R&D tax incentive, page-5

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Megafauna

17,195 Posts.

1050

19/04/24

13:28

Post #: 73425938
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Originally posted by chemistry8: ↑

Quarterly is out, it gets a mention.

3.3 Mid-Stream Demonstration Plant Project
The Mid-Stream Demonstration Plant Project (Demonstration Plant Project) continued to progress to schedule and budget with detailed design, and the long-lead items progressed during the Quarter.
The Demonstration Plant Project aims to validate the benefits of producing a valued-added enriched lithium product using Calix’s patented electric kiln technology. The processing path being explored has the potential to reduce transport volumes, transport costs and carbon emission intensity (if powered by
renewable energy).
The Demonstration Plant Project is on schedule to achieve first lithium salt production in the June Quarter FY25.

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I guess anything in the lithium space that is on track, is a positive.

CXL Price at posting: $1.43 Sentiment: Buy Disclosure: Held
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Last $1.34		Change -0.045(3.26%)		Mkt cap ! $242.1M

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