RE: No reason RNS2 Aug 2023 13:17
Mila does actually have a deal with Lionstown, one of the world's biggest lithium miners and producers. Lionstown have lined up sales agreements with Tesla and Ford to supply them for production of batteries as reported in the papers and covered in the recent RNS. Mila will get a milestone payment and retain a 30% interest in the lithium whilst Lionstown pay for the mining and production. So, reckon Mila blows this out of the water. Sp only 1.35p. Mila are waiting for results from a recent drill now and Lionstown say they will be producing by 2024 from this project. Won't be too long before the market decides to respond. Better to get in a bit early and much cheaper.