That was what caught my eye too!
Highlights for me:
- Boron may be selling for $3000/t instead of $900/t = 3x more than expectation
- Lithium currently looking at being shifted to phase 2 due to impurities = KIV
- DFS by Q3 = Importantly this increase suggests an ability for the Company to either increase scale or mine life for the DFS it is currently completing.
- Partner & Off-take likely from Asian company = The Company is pleased to report multiple discussions with credible partners and potential customers are continuing, with the expectation of initial contract execution in the current Quarter. These term sheets are likely to include indicative off take, agency arrangements and the potential for assistance with project financing.
Add to My Watchlist
What is My Watchlist?
