Interesting MIN announced today it is purchasing the Wodgina plant and tenements from GAM except for Tantalum rights.
Operational plant ~25km from PLS and neighbours. Left over tailings said to contain 1% Lithium with no associated mining costs.
The agreement, which is subject to customary conditions precedent, involves MRL acquiring from GAM the mining tenements and all associated infrastructure assets, including a 13MW gas fired power station, 387 bed camp, mineral processing assets and rights and interests in the minerals other than Tantalum which shall be retained by GAM.
Market cap is pretty high for STT though (1.5b).
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 27 June
Interesting MIN announced today it is purchasing the Wodgina...
-
-
- There are more pages in this discussion • 388 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)