C$24.1m market cap
C$0.62 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.
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.