Business
Open Letter to Shareholders
Open Letter to Shareholders.
About this update from Bradda Head Lithium Limited
[{"type":"text","content":"\n\n \n \n \n \n8 August 2023\n \nBradda Head Lithium Ltd\n(\"Bradda Head\", \"Bradda\", \"BHL\" or the \"Company\")\nOpen Letter to Shareholders\n \nBradda Head Limited (AIM:BHL, TSXV:BHLI, OTCQB:BHLIF), the North America-focused lithium development group, this morning published an Open Letter to Shareholders from the Company's Board of Directors outlining the ongoing positive indicators from the Company's operational drilling, fieldwork, permitting efforts and strategic discussions in the US and Canada associated with all our US-based Projects.\n \nThe full text of the letter is included below and is also available on the Company's website at https://www.braddaheadltd.com/media\n \n \n \nFor further information, please contact:\n \n\n\n\nBradda Head Lithium Limited\n\n\n+44 (0) 1624 639 396\n\n\n\n\nCharlie FitzRoy, CEO\nDenham Eke, Finance Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBeaumont Cornish (Nomad)\nJames Biddle/Roland Cornish\n\n\n+44 20 7628 3396\n\n\n\n\n\n\n\n\n\n\n\n\nPanmure Gordon (Joint Broker)\n\n\n+44 20 7886 2500\n\n\n\n\nJohn Prior\nHugh Rich\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\nShard Capital (Joint Broker)\n\n\n+44 207 186 9927\n\n\n\n\nDamon Heath\nIsabella Pierre\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRed Cloud (North American Broker)\n\n\n+1 416 803 3562\n\n\n\n\nJoe Fars\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTavistock (PR)\n\n\n+ 44 20 7920 3150\n\n\n\n\nNick Elwes\nAdam Baynes\n\n\[email protected]\n\n\n\n \nOpen Letter to Shareholders from Board of Directors of Bradda Head Lithium\nIt has been a productive few months for Bradda Head, with ongoing positive indicators from our operational drilling, fieldwork, permitting efforts and strategic discussions in the US and Canada associated with all our US-based Projects. This is not reflected in the valuation of our Company in the opinion of the Board.\nIn this letter, the Board wants to address the recent decline in our share price and provide an update on the status of our highly prospective Projects and emphasise why we believe our current share price level, which is significantly below our actual listing price, is undervalued and offers an extremely attractive entry level into Bradda Head.\nFirst, let us consider the u...