LBNK.v engages Hatch for DLE operations at Boardwalk Now that LithiumBank (TSXV: LBNK) has engaged Hatch to design, test, and manage DLE programs for the Boardwalk Lithium Brine Project, I’m excited to see both a PEA and updated production timeline from the company.
The results of a technology assessment performed by Hatch are expected to be used in preparing a NI 43-101 PEA in respect of the Boardwalk Project. This PEA is a key stepping stone toward the design of a commercial facility that the company anticipates will produce battery-grade lithium chemical product.
LBNK.v shares are currently testing support at $.94 after seeing a slight dip from recent gains of 44%. Indicators still show LBNK.v in oversold territory, so I’ll be watching for a rebound.
LBNK.v is currently trading at $.94, valued at $34.94 million.
https://ceo.ca/@GlobeNewswire/lithiumbank-engages-hatch-to-test-boardwalk-lithium