Home Search Watchlist Advertise Feedback Profile



How will Charger Metals utilize the investment from Rio Tinto to advance the Lake Johnston Lithium Project? — ASX:LIT| ASX Mining News & Discussion
L
Lykeshares Official
$LIT How will Charger Metals utilize the investment from Rio Tinto to advance the Lake Johnston Lithium Project?
Rio Tinto and Charger Metals sign Farm-in Agreement for the Lake Johnston Lithium Project

Charger Metal's Acquisition and RTX's Investment Signal Exciting Prospects for the Lake Johnston Lithium Project

In a groundbreaking move, Charger Metals NL (ASX: CHR) has entered into a binding farm-in agreement with Rio Tinto Exploration Pty Ltd (RTX), a subsidiary of Rio Tinto Limited (ASX: RIO), for the Lake Johnston Lithium Project. Concurrently, Charger has also reached an agreement with Lithium Australia Limited (ASX: LIT) to acquire their minority interest in the project. These developments solidify Charger's position as the sole owner of the Lake Johnston Lithium Project, setting the stage for extensive exploration and potential significant lithium deposits.

A Win-Win Situation for Charger and Rio Tinto

Under the agreement, RTX will pay Charger $500,000 and invest $1.2 million prior to the commencement of the farm-in. Additionally, RTX commits to spending a minimum of $3 million on exploration expenditure within ...
How will Charger Metals utilize the investment from Rio Tinto to advance the Lake Johnston Lithium Project?

L
Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
L
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
L
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
L
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
L
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?