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Wednesday, January 06, 2021 11:13:50 PM
The Company also holds a 44.3% investment in Zinnwald Lithium plc (formerly Erris Resources plc), which in turn owns 50% of the Zinnwald Lithium Project (covering 256.5 ha and with a 30 year mining licence to 31 December 2047), the Falkenhain licence (covering 295.7 ha and with a 5 year exploration licence to 31 December 2022), and the Altenburg licence (covering 4,225.3 ha and with a 5 year exploration licence to 15 February 2024). The Zinnwald Feasibility Study (“ZFS”) in June 2019 showed a pre-tax NPV of €428m and IRR of 27%
https://www.bacanoralithium.com/about-us/who-we-are/
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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