Post by
Raff007 on Nov 30, 2022 12:39pm
Cash On hand - FL
Fl as enough cash on hand to do the PFS, DFS and install the 10MM$ chemical demonstration plantnext summer....this plant will produce according to the final prospectus 50 ton a year for battery grade lithium carbonate and hydroxide......
Incredible things will be happening in the next couple of months....but once again we need to do the right things......so we need to be rigorous and patient.
We have the highest grade and we have probably more than 100 millons tons of the ressources and more......
So once again, let's be patient!
Cheers.
Comment by
Raff007 on Nov 30, 2022 12:44pm
Business Objectives and Milestones The business objective that the Company expects to accomplish using the net proceeds of the Offering, in the manner described above, following delivery of the positive PFS, is to fund Phase 1 of the DFS (technical grade concentrate production) and some key programs that support a Phase 2 DFS (battery grade lithium chemicals production).