Bacanora Lithium (BCN LN) has announced the start of initial site works following the funding to secure the equity component of the project financing last week which in combination with the existing debt facility satisfies BCN’s requirement to fund its share of the 50/50 JV for Sonora. This is a key moment for the company as it moves into the next phase of development. With funding now derisked the stock becomes a more attractive play on lithium prices and sentiment in the sector, in our view, n ....
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VSA Morning Miner 10/02/21 (Bacanora Lithium)
- Published:
10 Feb 2021 -
Author:
Oliver O’Donnell -
Pages:
3
Bacanora Lithium (BCN LN) has announced the start of initial site works following the funding to secure the equity component of the project financing last week which in combination with the existing debt facility satisfies BCN’s requirement to fund its share of the 50/50 JV for Sonora. This is a key moment for the company as it moves into the next phase of development. With funding now derisked the stock becomes a more attractive play on lithium prices and sentiment in the sector, in our view, n ....