AVL trolling for new partner to build TB processing plant https://www.northernontariobusiness.com/industry-news/manufacturing/lithium-explorer-trolling-for-new-partner-to-build-thunder-bay-processing-plant-4939630
Avalon Advanced Materials "close" to introducing new development collaborator for chemical refinery.
...the companies [AVL and RCK] now seem to be following divergent paths to production."So, while we have not ruled out the possibility of partnering on a plant (in Thunder Bay), it seems less likely now given that we are now going down different paths in terms of scale, process flowsheet and types of products."
"We are certainly still planning on establishing a lithium refinery in Thunder Bay and we now have interest from other potential partners so it could be that Thunder Bay ends up hosting more than one such facility," added Bubar. Bubar said Avalon is not in any serious talks with Frontier [lithium]. "No, we are not in conversation, at least not yet. They are still at a relatively early stage."
So, RCK is out at least for now and AVL is looking for a new partner. I'm sure many of us here would like to again mock or praise AVL but my main question is how much better positioned Frontier Lithium is supposed to be in comparison to AVL if it is "still at a relatively early stage"? Why has Frontier Lithium's share price inreased from $0.15 in April 2020 to $2.12 today?
https://stockhouse.com/companies/quote?symbol=v.fl