Interview with Farhad Abasov, CEO of Lithium Developer, Millennial Lithium (TSX-V: ML)
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Abasov is in confident mood as he updates us on their pilot plant, funding and conversations with 2 technical partners for the build of the main processing plant. Investors seem to be attracted to the low-cost brine project in Argentina due to the advanced stage. The technical team at Millennial Lithium has been busy.
We Discuss:
1:40 - Company Overview
3:12 - Commission of a Pilot Plant: Why & at What Cost?
6:19 - Money Allocation & Financing the Processing Plant
9:04 - Not Just a Raise: Potential Partnerships & Timing
17:35 - Why Millennial Lithium? Brine VS Hard Rock & Technical Considerations
22:39 - Why Don't The Groups Buy at Spot Price?
23:47 - State of the Lithium Market: Still too Early to Jump on Board?
Company page: http://www.millenniallithium.com
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