Millennial Lithium (ML) - One of the Few Lithium Juniors that can get Financed?
Matthew Gordon, Ptolemy Capital
8 Months ago
Millennial Lithium has a Feasibility Study and is one of the more advanced new lithium projects around; there aren't too many of them. Millennial Lithium recently got its EIA / DIA over the line, and this was the final major hurdle cleared before the company can gear up to get financed.
Today, we also discuss the lithium macro environment. There is an extremely promising picture for lithium demand, but lithium supply looks less rosy. There is very little capital going towards new lithium projects, which is understandable given the currently depressed lithium price, but this needs to change if the supply/demand deficit is to be resolved. Many lithium projects have been shelved, some have gone bust, and most can't get access to the capital they need. Abasov tells us why. While this is bad news for those lithium juniors, Millennial Lithium says it can take advantage of this deficiency of new lithium projects by plugging the gap with a great project.
Crux Investor is a new market insight channel for those interested in understanding the junior mining world and opportunities to invest. Its purpose is to cut through a lot of the jargon, bias and bluster that is prevalent in this sector and hone-in on the most important factors that can indicate whether a company has a strong footing for growth and success.
Get an insight into how institutional investors evaluate the natural resource market. Hear from some of the most influential and successful people in the industry about how they made money investing in public markets. Learn key strategies, tactics and questions to allow you to make better, informed, comparative assessments.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.