Interesting timing!!!
Among many good points, I liked "Short list of financiers for US$20-25m (announced Oct ‘19); in discussions with PFS to fund studies and approvals.
PFS near completion; pilot plant testing; provincial support; feasibility and environmental study; production target 2022/23
Kachi. 8Mt – 17Mt LCE Potential*
JORC certified combined lithium resource of
4.4 million tonnes LCE. (* A Mineral Resource has been identified in the centre of the Exploration Target)
LKE Projects located near lithium heavyweights
Cauchari-- China’s Ganfeng paid US$397 million for 50% (incl. debt).
Sal De Vida- South Korea’s Posco paid US$280 million.
Implies US$55-110 million per 1 million tonne LCE resource
Current Market Cap $24.88 million.
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- Ann: Investor Presentation January 2020
Ann: Investor Presentation January 2020, page-2
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