Well that announcement was realised today, one day after the Sayona Moblan DFS, it may just be a coincidence.
Becancour is located roughly half way between Montreal and Quebec City, and has port access. The Moblan project is located approximately 130 KMs north west of Chibougamau, which in turn has a railroad hub that is linked to major ports in Montreal and Quebec City.
LU7 is a fairly new player with a small market cap, but the calibre of the people on the board and also recent appointments are certainly impressive. Is there any connection between them and SYA? Probably not, but it wouldn't be the craziest idea going around.
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