Australian (ASX) Stock Market Forum

INF - Infinity Lithium Corporation

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Good evening
1/4erly highlights:

  • Succession of permitting advancements through the submission of key project documentation and interim milestones;
  • Regional Government of Extremadura awarded PREMIA status to declare San José a project of regional and general interest;
  • PREMIA status provides San José an expedited permitting pathway as it moves through its Exploitation Concession Application (‘ECA’ or ‘Mining Licence Application’);
  • PREMIA declaration followed the successful submission and positive assessment of Stage 1 of the ECA;
  • San José declared as a viable resource by the Regional Government of Extremadura’s Directorate General of Industry, Energy and Mines;
  • Stage 2 ECA documentation submitted and under assessment by regional authorities;
  • Cash at 30 June 2024 of A$13.1 million (includes €3.8 million (~$6.1million restricted use PERTE grant funding held on term deposit).

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Kind regards
rcw1
 
Good evening

INF is rcw1 September 2024 selection for the ASF monthly competition.
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Kind regards
rcw1
 
Good morning
INF is rcw1 select for the November 2024 competition. Needs a kick along ...

Reminder about this stock:
INF is seeking to develop its 75% owned San Jose Industrial Lithium Project located in the Extremadura Region of Spain.

A scoping study released in October 2021 confirms robust economics for the underground extraction of San Jose’s lithium bearing ore for processing and refinement at an adjacent chemical conversion facility to produce high value, battery grade lithium hydroxide.

Infinity’s goal in the long term is to supply the European lithium-ion battery supply chain and EV industry.

rcw1 had also nominated this stock in the yearly ASF competition too. At the time INF was $0.10.

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11.5 quarters of funding as at 30 June 2024.
Annual General Meeting will be held in person at the Vibe Hotel Subiaco - 9 Alvan Street, Subiaco, Perth 6008 on Thursday 14 November 2024 at 3:30pm (AWST) (Meeting).

Kind regards
rcw1
 
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