AMAZING RNS!27 Jul 2023 08:52
So let me get this right L… Lionstown the $6 billion company has entered an agreement with little MILA to bring Kathleen Valley Lithium Project into production in mid 2024, for which it has offtake arrangements in place with LG, Ford and Tesla.
Mila has a market cap of £6m and retains 10% of the lithium as part of the deal, with lionstown paying all the costs. What a deal, this is worth 20-30p right now, considering they start production and have off take agreements with Tesla from middle of next year.