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Bacanora Lithium Ltd

Bacanora Lithium's Peter Secker details Zinnwald feasibility study

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.

Quick facts: Bacanora Lithium Ltd

Price: £0.39

Market: AIM
Market Cap: £52.71 m
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