Replies to post #94917 on New World Gold Corporation (NWGC)

[Ecomike]

$NWGC and the Lithium side of the story is going to be huge IMO.

Look at the $$$ in todays news:

Sibanye-Stillwater Ltd. said Thursday that it has created a joint venture with ioneer Ltd. for the U.S.-based Rhyolite Ridge Lithium-Boron project.

The South African mining company said it has also agreed to subscribe for a placement of shares in ioneer equal to 7.1% of the Australian mining development company's ordinary share capital.

The placement is valued at around $70 million at an issue price of 655 Australian cents (48 U.S. cents) a share, it said.

Sibanye-Stillwater said it will contribute $490 million for a 50% interest in the joint venture, while ioneer will retain operational management responsibility.