Thoughts on LBNK and Lithium Sector With accelerating demand for electric vehicles, the lithium sector is expected to double by 2030
https://electrek.co/2022/08/11/soaring-ev-demand-pushes-lithium-market-double-2030/
One lithium company that I have been following for a while that I think could be undervalued is LithiumBank Resources Corp. (LBNK.V LBNKF)
Its flagship project, Boardwalk Lithium, is estimated to contain 6M tonnes of LCE.
An official PEA for the project is set to be released as early as next month and the company has already hired a 3rd party to conduct Direct Lithium Extraction technology test work on the project.
More info here: https://ca.finance.yahoo.com/news/lithiumbank-engages-hatch-test-boardwalk-120000891.html
LBNK @ $0.88
MC $32.714M