Gold Spinout & Premium Buyback: $180M Deal Funds Future? | Michelle DeCecco – Lithium Chile
In this interview, Michelle DeCecco, VP & COO of Lithium Chile (TSXV: LITH), discusses their $180M USD sale of the Arizaro project in Argentina, which boasts a pre-tax $3.8 billion NPV based on a prefeasibility study.
Dececco addresses Canada’s restrictions on Chinese mining investment, even for overseas assets. She explains the company’s rebranding to “Charge Lithium” and their Kipasa project partnership with Aramet in Chile.
Despite an 80% drop in lithium prices, Dececco remains confident in quality assets. She details plans to return value to shareholders through premium share buybacks while maintaining exposure to 11 lithium properties.
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