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American Pacific Borate & Lithium Ltd

American Pacific Borate & Lithium working to be 'globally significant borate producer'

American Pacific Borate and Lithium Ltd (ASX:ABR) managing director Michael Schlumpberger introduces Proactive Investors to the company and its projects, including the flagship Fort Cady Borate and Lithium Project located in Southern California, USA, on which a promising Definitive Feasibility Study (DFS) has just been published.

Schlumpberger says, "I think there are several takeaways from that feasibility study. The first is, we think the borate market is an exciting place to be. Certainly if you look at the financial metrics associated with the project I think they speak for themselves as very strong financial metrics. And finally, we think that the risk profile associated with the project is very low."

"We're looking at the start of construction in Q4 of [calendar year] 2019. About a twelve month build is what we anticipate, so it should fast track us very quickly into production," teases Schlumpberger.

Quick facts: American Pacific Borate & Lithium Ltd

Price: $0.36

Market: ASX
Market Cap: $75.07 m
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American Pacific Borate & Lithium MD discusses enhanced DFS metrics

American Pacific Borate and Lithium Ltd (ASX:ABR) managing director Michael Schlumpberger talks Proactive Investors through the company's enhanced Definitive Feasibility Study (DFS) on the Fort Cady Borate and Lithium Project, which is located in Southern California, USA. The improved...

on 02/10/2019

2 min read