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Lithium Chile Inc LTMCF


Primary Symbol: V.LITH

Lithium Chile Inc. (Lithium Chile) is a Canada-based exploration and lithium resource company, which is engaged in the acquisition and development of mining properties in Chile and Argentina. The Company has portfolios in the junior mining sector with properties on approximately 13 lithium-rich salars, comprising of 111,978 hectares in Chile and 20,800 hectares in Argentina. The Company also owns four properties, totaling 21,329 hectares, that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile's Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt. Its projects include Salar de Atacama, Salar de Laguna Blanca, Salar de Coipasa, and other properties.


TSXV:LITH - Post by User

Post by tiger2201on Feb 16, 2023 12:01pm
436 Views
Post# 35290062

LITH's valuation

LITH's valuationLots of investors are traders, they really don't have clue how much LITH is worth. With current resources of 2.6 MT, at Can$140/ton, LITH current owns 62.2%, so LITH is worth Can$1.14/share for Arizaro alone. They have 40M+ cash, assuming Chile's 12 salars are worth 20M$ only, so Cash+Chile is worth Can$0.30/share, total is Can$1.45/share.

LITH is currently drilling a 3rd well, and a deep exploratory hole, assuming LITH can increase their resources to 3.9M tonns, so Arizaro project alone is worth Can$1.71/share, Total is worth Can$2.02/share.

tiger
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