On December 4th, Volt Lithium (TSX.V:VLT – OTCQB:VLTLF) (“Volt” or the “Company”) released a Preliminary Economic Assessment (“PEA”) on its Rainbow Lake Project in Alberta.
Alex Wylie, President and CEO of Volt joins me to discuss the PEA news release. We go through the full data released in the PEA covering CapEx, OpEx, the Company’s DLE technology advancements, what’s happening at the demonstration plant and the three (3) phases of development outlined in the news release. We also discuss the funding options for the Company throughout the 3 phases, including the “capital expenditure recovery program and cost sharing arrangement with a private oil and gas company”. I ask Alex about the Company’s focus moving forward balanced between advancing the Rainbow Lake assets, continued DLE technology improvements or focus on the demonstration plant.
Please email me if you have any follow up questions for Alex. My email address Is Fleck@kereport.com.
Click here to visit the Volt Lithium website to read over the full news release.