Rock Tech Lithium

CN: RCK

CA$31.7m market cap

CA$0.92 last close

Rock Tech Lithium (RCK) is a lithium exploration and development company. Its flagship asset is the 100%-owned Georgia Lake hard-rock lithium pegmatite project in Ontario, Canada, which is currently at the PEA stage. RCK has recently acquired the Nogalito brine project in Mexico.

Investment summary

On 2 October 2018, Rock Tech Lithium (RCK) announced the results of a preliminary economic assessment (PEA) at its flagship 100%-owned Georgia Lake lithium property in the Thunder Bay mining district of northwest Ontario. Compiled by international mining consultants, DMT, the highlights of the PEA were pre-production capex of C$65.3m, annual steady state EBITDA of C$64.2m, an 11-year mine life, a pre-tax IRR of 62.2%, a 3.5-year payback period and a post-tax NPV8 of C$210m.

Share price graph
Price performance
%
1m
3m
12m
Actual (4.2) (8.0) (34.3)
Relative* (9.0) (12.0) (36.1)
52-week high/low C$1.7/C$0.8
*% relative to local index
Key management
Dirk Harbecke Chairman
Martin Stephan CEO
Brad Barnett CFO