As such, the target price on the company that owns this up-and-coming operation is raised by BMO Capital Markets, one of its reports noted.
Though these results became available post feasibility study, they still could be incorporated into the mine plan, noted a BMO Capital Markets report.
The approval of the Final Exploration Reports and the expected environmental license are crucial milestones for Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) that bring the company closer to its goal of commencing lithium production in 2026, noted a BMO Capital Markets research note.
BMO Capital Market's analyst Greg Jones believes that the Pilbara-Latin Resources transaction could be a catalyst for Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N).
BMO Capital Markets recently resumed coverage on Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) with an Outperform rating.