logo-loader
viewAmerican Pacific Borates Ltd

American Pacific Borate & Lithium working to be 'globally significant borate producer'

American Pacific Borate and Lithium Ltd (ASX:ABR) managing director Michael Schlumpberger introduces Proactive Investors to the company and its projects, including the flagship Fort Cady Borate and Lithium Project located in Southern California, USA, on which a promising Definitive Feasibility Study (DFS) has just been published.

Schlumpberger says, "I think there are several takeaways from that feasibility study. The first is, we think the borate market is an exciting place to be. Certainly if you look at the financial metrics associated with the project I think they speak for themselves as very strong financial metrics. And finally, we think that the risk profile associated with the project is very low."

"We're looking at the start of construction in Q4 of [calendar year] 2019. About a twelve month build is what we anticipate, so it should fast track us very quickly into production," teases Schlumpberger.

Quick facts: American Pacific Borates Ltd

Price: 0.885 AUD

ASX:ABR
Market: ASX
Market Cap: $277.97 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of American Pacific Borates Ltd named herein, including the promotion by the Company of American Pacific Borates Ltd in any Content on the Site,...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Alpha Growth PLC using experienced team to start Alpha Growth and Income...

Alpha Growth PLC (LON: ALGW) CEO Gobind Sahney joined Steve Darling from Proactive to discuss the fund called Alpha Growth and Income fund or AGI. This funds prospective client are family offices, pension funds, and other institutions that still wish to receive some income but also want their...

16 hours, 49 minutes ago

2 min read