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Morella Corporation ( (AU:1MC) ) has provided an announcement.
Morella Corporation has raised concerns over the recent Pre-Feasibility Study (PFS) released by Wildcat Resources regarding the Tabba Tabba Project. The PFS includes infrastructure corridors and licence applications overlapping with areas held by the Morella-Sayona Joint Venture, without proper acknowledgment of Morella’s rights. Morella is seeking further information and has reserved legal rights to protect its interests, indicating potential implications for its operations and stakeholder interests.
More about Morella Corporation
Morella Corporation Limited is an exploration and resource development company focused on advancing a diversified portfolio of critical and specialty minerals. With strategic assets located in Tier 1 jurisdictions across Australia and the United States, Morella is actively progressing projects in lithium, rubidium, and other high-value mineral systems. The company is committed to unlocking the potential of emerging mineral markets to support technological innovation, industrial development, and long-term supply chain resilience.
Average Trading Volume: 244,116
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.89M
See more data about 1MC stock on TipRanks’ Stock Analysis page.