REGULATION

Novo Litio's Portuguese misadventure continuing

UNCERTAINTY continues to reign supreme about Portugal for shareholders of Novo Litio, with investors knocking the company's value down by around one-third after being told a "multi-phase legal strategy" had been initiated in addition to the main legal case against the Portuguese vendor of a lithium exploration project.

Michael Quinn

Novo Litio's Portuguese misadventure continuing

As has become the norm, the latest Novo Litio update to the ASX doesn’t provide much clarity about the dispute with Lusorecursos (LR). However there seems at least some suggestion the project could be...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: Noble's missing millions
PREVIOUS: FMG appeals native title decision

MOST POPULAR

1

ESG

St Ives contractor becomes WA's first mine fatality of 2024

2

MINERS

Another Kalgoorlie capex blowout for Lynas

3

MINERS

Northern Star puts kibosh on M&A pressure

4

BULKS

'Cracking effort' as Fortescue recovers from derailment with new record

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902