Leading Edge Materials Announces Positive Preliminary Economic Assessment Results for its Norra Karr REE Project With US$1,026m Pre-tax NPV(10%) And 30.8% Pre-tax IRR
LEMSE) ( OTCQB: LEMIF) is pleased to announce the results of a Preliminary Economic Assessment study ("PEA" or the “Report”) for the development of its 100%-owned Norra Karr REE project located in Sweden (“Norra Karr” or the “Project”). The PEA was prepared by SRK (UK) Ltd. (“SRK”) and all figures in the PEA are US dollars unless otherwise specified. As previously announced, the Company commissioned SRK to re-evaluate the Project at PEA level with the objective to improve resource utilization, project sustainability and substantially minimize environmental footprint of...
Source: wallstreet-online.de
