STTCOMP LU7 TA LONGMarket Cap: $9.8M+Share Price: $0.01Shares:...

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    STTCOMP LU7 TA LONG


    Market Cap: $9.8M+

    Share Price: $0.01

    Shares: 800M+


    24 October 2024

    LU7 BÉCANCOUR LITHIUM REFINERY
    DEFINITIVE FEASIBILITY STUDY ON TRACK TO BE
    RELEASED NEXT QUARTER


    Highlights

    • DFS is progressing and on track as expected
    • Finalizing capital cost estimate for DFS
    • 80% of supplier pricing program completed
    • Procurement strategy and material take-offs being finalized
    • Engineering design tailored to new site conditions
    • Project led by John Loxton, Head of Refinery
    • Overseen by Lithium expert, Dr Jingyuan Liu (NED)

    PS~ They have raised $2.14M with sophs (@.012 with options) recently, and are in the process of a non-renounceable entitlement offer to share holders. It has been extended til 29/11/24.

    GL ALL
 
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