Hi there,
This is yet another Lithium exploration and development company that is being bid up because of the rise of the EV industry. Much like many of the lithium plays, it looks to have a nice asset in Nevada.
Much like many of the others however, it is very much an early stage E&D company. It only completed its pre-feasibility study this past May and it is years away from construction and production. Furthermore, unlike some of the others I've looked into - there is no clear development timeline. At least not one that is easy to find.
These lithium plays are going to be highly volatile, will require considerable capital and carry considerable risk. While some will ultimately be successful, not all will come out on top. So many things can lead to delays and even to projects being shelved this early on in the cycle. Investors are also taking risk give the recent spikes in price.
Mat