Uptrend or consolidation ? we'll know tomorrow!
Presentation update appears to have put an emphasis on the Lithium hub strategy...guess it needs greater explanation than the Apollo exploration but more than that they are playing to their trump card with their depth of lithium industry experience and capability in designing and building the hub.
I imagine it will be financed by the Canadian govt and fast tracked as they are in a race against time to have the processing facility for all the lithium from James Bay and battery for the North American market.
With some financial engineering the capex will probably reside with the Canadian govt whereby LU7 charges for designing, building and ultimately operating the hub and charging tolling fees to the lithium miners on their DSO and take 100% of any Apollo tonnage.
If this is weeks away from being signed off by the Canadian Govt,,, revenues for designing and building the hub will start immediately
