TSXV:LBNK - Post Discussion
Post by
waves1 on Mar 14, 2023 5:04pm
LBNK w/ multiple PEAS on multiple district scale projects
Must read interview with LBNK's CEO Rob Shewchuk: https://www.lithiumbank.ca/images/news/2023/inn13_LITHIUM3_28341_pro_V2.pdf
Shewchuk covers the upcoming catalysts within the next 12 months including moving the Boardwalk project from "inferred to measured and indicated resource then to proven and probable reserve to make it significantly more attractive to major investors" which is expected to usher in a major re-rating opportunity once the PEA is released.
Plus, LBNK has an NI 43-101 Inferred Resource and PEA expected from the Park Place Project within the first half of 2023.
Notably, this means that "By the end of the year, [LBNK] expect to be the only lithium development company with multiple PEAs on multiple district-scale projects."
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