Bacanora Lithium PLC's (LON:BCN) Peter Secker talks Proactive London's Andrew Scott through the feasibility study for their Zinnwald project in Germany.
It indicates 94,000 tonnes of reserves and a net present value of €428mln.
Costs to build the mine are estimated at €159mln, which will be paid back after six years of the estimated 30-year mine life.
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Bacanora Lithium PLC's (LON:BCN) Peter Secker presents to investors at the Proactive Mining Capital conference in London. Fund manager M&G has recently taken its stake in Bacanora to just under 20% through a share placing at 25p. The US$10mln proceeds will support pre-construction...
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