INF - Infinity Lithium Corporation

[rcw1]

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).

Kind regards
rcw1

 

[rcw1]

Good evening

INF is rcw1 September 2024 selection for the ASF monthly competition.

Kind regards
rcw1

 

[rcw1]

Good evening
Hopeless looking chart, four year low achieved today (05/09/24):

 

[rcw1]

Good evening
Sad sad sad very sad looking chart...

Good evening
Hopeless looking chart, four year low achieved today (05/09/24):

View attachment 183766

 

[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.

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

 

[rcw1]

Good evening
INF is rcw1 tip for the December 2024 stock tipping competition ...
Also Inf is one of the rcw1 yearly competition stocks... @debtfree fyi update:

Quarterly Report period ending 30 September:

• Regional authorities continued the prioritised assessment of the Exploitation Concession Application at San José through PREMIA qualification;
• The Company submitted and subsequently received notification the Strategic Project application under the European Commission’s Critical Raw Materials Act was full and complete;
• Reduction in management size and remuneration in Australia enacted to reflect Spanish-led progress of the ECA during the assessment period. Company in a strong position for next key appointments for both San José and other projects;
• Changes to Board and Management announced during quarter and subsequent to quarter end; and
• Cash at 30 September 2024 of A$12.9 million (includes €3.8 million (~$6.2 million restricted use PERTE grant funding held on term deposit).

Kind regards
rcw1

 

[rcw1]

Good morning
Update as at 11 December 2024:

KEY POINTS
• Mining Licence Application submission continues under regional government review
and management.

• Request to extend PERTE grant availability term denied by government.

• Auto-Industry and battery market conditions in Europe continue to deteriorate.

Not flash news, in fact given the SP pretty demoralising to any share holder. Hey … so then we will see. Crystal Ball … somewhat cloudy ha ha ha ha

rcw1 has nominated INF again for the monthly competition; and is one stock out of the four Re: ASF 2025 yearly competition.

Short end on the stick 3 ways:
Allot depends on that mining license submission and then how to pay for extraction and refining and then there is demand at good market price. Ha ha ha

Have a very nice Sunday.

Kind regards
rcw1