I'm in touch with the broker handling this and there hasn't been any update that I know of recently. I think the next update will be regarding the condition of the existing wells. They are expected to be in good condition but that needs to be verified.
I'm definitely eager to see how this performs on listing. Thinking of buying more on the IPO but I have a decent position already. Looking forward to the prospectus.
Phoenix Water - PXW - Lithium - 100x, page-33
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