Posted on Bcn29 Mar 2019 06:56
I found this article in german, they wrote regarding the Zinnwald Project (21.03.2019).
One of the top 3 TV channels in Germany, made a documentation about the shadow diamonds in their mountains in Zinnwald. They mentioned some facts which I would like to share with you:
- the Q2 financing announcement, will happen begin of April 2019 (and not in June...)
- Bacanora wants selll a part of their holding rights, as soon it works out and Deutsche Lithium GmbH can take it over. They want to focus on the Sonora Project. Which I personally think, is the right way. 2 huge projects at once, no chance for such a little company... but as said, wants to still stay into it and support Deutsche Lithium GmbH
- they are testing a new chemical process, which it makes cheaper to get the lithium out of it, also here announcement of the FS begin of April 2019
- the lithium market has currently hard times and it is difficult to find new investors, but Peter Secker mentioned in the interview again, that there is something to announce
Source:
https://www.handelsblatt.com/unternehmen/industrie/rohstoffe-das-lithium-maerchen-im-erzgebirge-steht-vor-einem-ungewissen-ausgang/24128644.html?ticket=ST-1338578-rG4Wr3IDlsKSl37bp7zT-ap1