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tikotiko

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tikotiko

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Tuesday, 08/14/2018 12:25:43 AM

Tuesday, August 14, 2018 12:25:43 AM

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Announcement of economic assessment for $400M and 20k ton/yr plant. A nice numbers exercise, but my take is that they either pump the brine to Orocobre, which is way cheaper (perhaps <$20M?) or they get bought by a bigger fish. Galaxy’s recent $280M sale of one of its tenements to POSCO provides a basis/precedent for such sale. We shall see...

https://finance.yahoo.com/news/advantage-lithium-corp-announces-positive-040500274.html
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