Primed For GrowthCollaboration with Rock Tech would only strengthen the potential economics of a standalone development in the Nipigon area, strategically proximal to the downstream opportunities.
J.C. St-Amour, President of Imagine Lithium
Here's what the discerning investor needs to recognize about this potential collaboration with Rock Tech Lithium. First of all, the collaboration discussions with Rock Tech are not a coincidence, but a reflection of the succes of Imagine Lithium's drilling program. This drilling campaign, announced at the end of the first half of the year, is fully financed for the 2023 and 2024 seasons. In fact, the addition of a drilling rig is planned for early 2024. We can easily assume that this drilling campaign is going according to plan, and very conclusive results will be recorded in qualified engineer reports under NI 43-101. If Rock Tech wants to collaborate on a merger, or simply become a customer by association, it's because Imagine may have impressive results from the first drillings, and the increase in resource will be significant. Just imagine if Imagine Lithium succeeded in increasing the resource to over 15 milion tons. What will be the Market Cap of ILI.Certainly more than 12 milion.
So it's only logical to think the drilling results will be impressive. Rock Tech Lithium wouldn't be wasting time and energy trying to merge or obtain garantees with Imagine Lithium if it didn't have certainty of promising results. Rock Tech is well advanced in their engineering work for the future first lithium processing plant in Ontario.Therefore, we can easily foresee excellent news for these two companies, and certainly a higher market cap for Imagine Lithium in the near future.
Good Luck To All Investors