Identifying lithium-boron assets for investment
The views and opinions expressed in this article are those of Bernard Rowe. You should not act on these views or opinions without undertaking your own due diligence as to the voracity and accuracy of his views and opinions. These views and opinions may be wrong or misleading.
Global Geoscience Limited Managing Director, Bernard Rowe on how resources investors can identify attractive lithium-boron assets. Speaking with The Capital Network’s Lelde Smits.
Lelde Smits: Hello I’m Lelde Smits for The Capital Network and joining me from Global Geoscience is its Managing Director, Bernard Rowe. Bernard welcome.
Bernard Rowe: Thank you Lelde.
Lelde Smits: Global Geoscience has the Rhyolite Ridge Lithium-Boron asset in Nevada. It’s been described as one of the rarest underdeveloped assets in the world at the moment. What first attracted you to the project and what do you believe makes it a compelling opportunity?
Bernard Rowe: Lithium and boron are both critical elements for energy efficiency. In the case of lithium, lithium-ion batteries in the storage of grid power and electric vehicles. Boron is used in glass, ceramics and fibreglass so urbanisation and energy efficiency in buildings.
Lelde Smits: Globally, what other companies are producing lithium and boron at the moment?
Bernard Rowe: The only other company that I’m aware of that produces significant amounts of lithium and boron is Orocobre Limited (ASX:ORE), an Australian company with operations in Argentina – but from separate deposits. As to my knowledge there’s only two large lithium-boron deposits in the world, both of them undeveloped. Rio Tinto Limited (ASX:RIO)’s Jadar deposit in Serbia and Rhyolite Ridge in Nevada.
Lelde Smits: For investors that are looking to get into the lithium-boron market, what are your key pieces of advice? Things that they should be looking out for before making an investment into a company.
Bernard Rowe: The key thing to look out for when investing in any resource company is the potential to be a low-cost producer. And that’s what Global Geoscience offers with its Rhyolite Ridge Project. Lithium and Boron production, low-cost, long life.
Lelde Smits: Thank you for your insights today.
Bernard Rowe: Thank you, Lelde.
“This article is General Information and contains only some information about some elements of one or more financial products. It may contain; (1) broker projections and price targets that are only estimates and may not be met, (2) historical data in terms of earnings performance and/or share trading patterns that should not be used as the basis for an investment as they may or may not be replicated. Those considering engaging with any financial product mentioned in this article should always seek independent financial advice from a licensed financial advisor before making any financial decisions.”
When the experts at Next Investors have a stock pick, it may pay to listen.
The Next Investors have been investing in ASX small cap stocks for years, with their best small cap picks yielding returns of 1,200%, 1,120%, 900% and 678%.
They have just revealed their hand-picked, FY2021 stock portfolio of high conviction long-term investments.
Click the link below to see what they are currently investing in.
S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.