Season 2023 Episode 201
It's time to take a deep dive into Lithium Chile's (TSXV: LITH | OTCQB: LTMCF) new Preliminary Economic Assessment (PEA) from the Salar de Arizaro Lithium Project. From a pure exploration play, the company is heading to the cusp of commercialization as it consolidates its latest findings. CEO and President Steve Cochrane unpacks the minutiae of the report in this highly insightful interview with Global One Media.
The PEA, conducted by engineering firm Ausenco, revealed even more crucial indicators for the project. Some of the most important financial highlights include a Pre-Tax Net Present Value of US$1.84 Billion, an Internal Rate of Return hovering at 24%, and a payback period of less than 4 years. The "great economic numbers", as Steve describes, are only part of Lithium Chile's first step. The project is now moving into the second phase with more drilling in the pipeline. Steve notes that interest in the project has now multiplied given its latest findings. He expresses confidence that the Salar de Arizaro project will prove "very transformational" for Lithium Chile.
Learn more by visiting: https://lithiumchile.ca
Watch the full YouTube interview here: https://www.youtube.com/watch?v=khon85sjJjM
And follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1
Published on 2 years, 3 months ago
If you like Podbriefly.com, please consider donating to support the ongoing development.
Donate