Bacanora Lithium (BCN LN) has provided a periodic update demonstrating that despite the impact of COVID-19 measures the company continues to make robust progress in developing the Sonora project in Mexico. We also note a strong cash position of US$45m to enable continued progress. National and state level measures have meant the closure of the pilot plant since March 2020 although BCN hopes to restart producing trial lithium deliveries to offtake partners as early as June, should changes in t
28 May 2020
VSA Morning Miner
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VSA Morning Miner
- Published:
28 May 2020 -
Author:
Oliver O’Donnell -
Pages:
3
Bacanora Lithium (BCN LN) has provided a periodic update demonstrating that despite the impact of COVID-19 measures the company continues to make robust progress in developing the Sonora project in Mexico. We also note a strong cash position of US$45m to enable continued progress. National and state level measures have meant the closure of the pilot plant since March 2020 although BCN hopes to restart producing trial lithium deliveries to offtake partners as early as June, should changes in t