Conservative Balance Sheet / Very Low LeverageA debt-to-equity ratio near 0.002 and a rising equity base materially reduce financial risk and give management flexibility to fund development. This conservatively financed structure supports project financing options, resilience to delays, and longer runway without immediate debt pressure.
Refined-product, Value-added Business ModelFocusing on producing lithium chemicals and boric acid rather than selling raw ore positions the company to capture higher value per tonne. Vertical integration into refined products supports stronger margins, offtake negotiations, and strategic relevance to battery supply chains over the medium term.
Strategic US Critical-minerals Project ExposureOperating a lithium-boron project in Nevada aligns the company with secular EV battery demand and boron industrial markets while mitigating some geopolitical supply risks. U.S. location can facilitate offtakes, permit access, and policy support for domestic critical-minerals supply chains.