GREY:MGXMF - Post by User
Comment by
wasagastaron Jan 25, 2017 10:31am
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Post# 25752367
RE:RE:Petrolithium: A New Multi-Billion Opportunity In Energy
RE:RE:Petrolithium: A New Multi-Billion Opportunity In EnergyCEO is executing on plan. I don't think much of the lithium is priced in yet. NMX market cap is $430m - lithium alone and costs of $3K per tonne. XMG market cap $75m and negative (less than zero) costs per tonne. As well XMG will have a PEA on the magnesium project that will show a robust ROI and a NPV of over $200m and a likely payback of less than two years......not much is priced in yet...