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The latest announcement is out from Esports Mogul Limited ( (AU:LU7) ).
Lithium Universe Limited, operating in the lithium conversion industry, has unveiled the results of its Preliminary Feasibility Study for the Bécancour Lithium Carbonate Refinery in Québec, Canada. The study highlights a strong economic outlook for their lithium conversion project, even in a challenging pricing environment, with an estimated pre-tax NPV of approximately US$779 million and an IRR of 23.5%. The project aims to produce environmentally friendly, battery-grade lithium carbonate by leveraging proven expertise from the Jiangsu processing model. Key financial projections include an annual revenue of approximately US$383 million, with a payback period of 3.5 years, and a robust financial structure based on advanced design specifications. This development is part of the company’s strategy to contribute to the North Atlantic lithium supply chain and close the Lithium Conversion Gap, positioning it as a significant player in the lithium market.
More about Esports Mogul Limited
YTD Price Performance: 0.0%
Average Trading Volume: 3,779,850
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.1M
See more data about LU7 stock on TipRanks’ Stock Analysis page.
