1MC 16.7% 0.3¢ morella corporation limited

Financial restructure to strengthen balance sheet, page-4

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    The company needed the funding to accelerate its Altura Lithium Project and continue ongoing work on the Stage 2 expansion that is targeting a doubling of production to 440,000 tonnes per annum before July this year

    Wonder if the off-take partners are demanding it. High demand and quality product
    Shanshan showing no cards yet
    Would put a lid on other co's if true.
    July seem a heady target for stage 2 though if true.

    Current presentation states
    Ongoing discussions with a range of converters,
    EV related businesses and lithium chemical endusers for offtake and partnering options

 
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