Post by
lithomon on Jan 26, 2023 7:58am
Stockfy - PMET Huge Lithium Values - Direct Shipping
Right you are Stockfy & PMET's share price is gradually accelerating to reflect the "tremendous" value to be un-locked in high grade "Spodumene" Lithium discoveries with recent Lithium grades intersecting over 5% and 6% Lithium Oxide. That's insitu Lithium grades in the ground.
Higher grades than what some Lithium operations are producing as a final product after processing operations.
Of course, LAC's Jonathan Evans is already well aware of the value of high quality Spodumene Lithium as LAC has investment interests in a project within very near proximity to Frontier Lithium's Pennock Lithium discovery in the mining progressive Red Lake Ontario mining region.
With PMET's rising market capitalization likely approaching about one-third of LAC's market cap,
2023 is likely shaping up for several interesting takeovers among the "key" Lithium developers, most likely in All-Share buyouts.