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Bacanora Lithium Ltd

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Market:
AIM
Market Cap:
£53.3 m
Price
27.75 GBX
Change
-0.89%
52 weeks high
53.00
52 weeks low
12.50

In brief

Bacanora Lithium is an AIM listed company focused on generating shareholder value by identifying and investing in undeveloped lithium assets.  The Company is achieving this through its investments in two key projects, the Sonora and Zinnwald Lithium Projects in Mexico and Germany respectively.

Deep dive We explore the investor case for growth companies

Snapshot

  • Sonora host to one of the world’s larger lithium resources
  • High-grade, with 5mln tonnes of lithium carbonate
  • Has 50% stake in Germany’s Zinnwald Lithium Project
  • Feasibility study values Zinnwald at €428mln
  • Cash balance increasing to $14.8mln this year