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Rock Tech Lithium Inc V.RCK

Alternate Symbol(s):  RCKTF | V.RCK.WT

Rock Tech Lithium Inc. is a Canada-based cleantech company. The Company is focused on developing and optimizing battery-grade lithium hydroxide monohydrate through the construction and operation of multiple lithium hydroxide manufacturing plants in Europe and North America. The Company operates through three segments: Corporate, Converter Project, and Georgia Lake Project. The Company holds a 100% interest in the Georgia Lake lithium project through its subsidiary James Bay Midarctic Development Inc. The Company’s Georgia Lake Project conducts exploration, development and basic engineering activities. The project is located in an area underlain by metasediments and metavolcanic of the Archean age. The Company holds approximately 277 exploration claims at the Georgia Lake Project. The Company is also engaged in a lithium hydroxide merchant Converter and refinery facility in Guben, Germany (the Guben Converter).


TSXV:RCK - Post by User

Bullboard Posts
Comment by Ogre2on Oct 20, 2009 9:27pm
389 Views
Post# 16406151

RE: Analysis?

RE: Analysis?21M shares out, will add 6.6M shares, dilution of 31%, $1.5M worth.
Acquires unknown number of private corporation shares of JBMD.  Value?  Can find very little info on them.  But it is basically the claims worth, would be my assumption.
Acquires all claims on 4.5K hectares from LI and JBMD.  Could find no information on these claims in LI's financials.
So, what is a lithium claim worth?  Hopefully more than a 31% dilution.  Likely a wait before exploration, next year.
Sorry, can't give much more than that.

Bullboard Posts