Appreciate your considered response.
' They've had a couple of engineering firms write a couple of first draft feasibility papers and try to make big announcements with self proclaimed accelerated progress.'
- Well I'll accept it as truthful until proven otherwise
'Once they get approvals etc they still need to find $150-200M loan against their $10M market cap? To build something from the ground up'
- Would they use a loan. Too much of a financial burden imo when there are others willing to step in to support the project to secure local supply away from dependance on China. Perhaps massive Canadian Pension fund , and/or from the private sector... a combination is what I envision as per that recently financed British Columbia lithium giga factory. So much money sloshing about and funds with ESG mandates that securing finance should be quite easy when the time comes.
That 10 - 20 bagger is not unrealistic assumption given some key advantages namely the Apollo project was secured 2022, before the Quebec land grab, PLUS the teams history of bringing big technically challenging lithium projects to completion.
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