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LithiumBank Resources Corp V.LBNK

Alternate Symbol(s):  V.LBNK.WT | LBNKF

LithiumBank Resources Corp. is a Canada-based development company focused on lithium-enriched brine projects in Western Canada. The Company holds over 3.6 million acres of mineral titles, 3.33M acres in Alberta. The Company’s Boardwalk Lithium Brine Project is located in west-central Alberta, approximately 85 kilometers (km) east of the City of Grande Prairie and 270 km northwest of the City of Edmonton. The Project consists of 30 Alberta Metallic and Industrial Mineral contiguous permits covering an area of 572,237 acres, within a LithiumBank total land package of approximately four million acres in west-central Alberta. Its Park Place is land consisting of 1,571,364 acres of mineral titles, 50 km south of Boardwalk. The Company holds Saskatchewan with 336,595 acres of mineral permits across three separate property areas.


TSXV:LBNK - Post by User

Post by waves1on May 10, 2022 6:28pm
56 Views
Post# 34672244

CEO on how $LBNK compares to its competitors

CEO on how $LBNK compares to its competitors Found another great interview with LithiumBank ($LBNK.v) CEO Robert Shewchuk from Green Stock News:
https://www.youtube.com/watch?v=1MuLuvniysk&ab_channel=GreenStockNews

Shewchuck provides a good overview of $LBNK and how it compares to other publicly listed lithium developers.

Notably, from a market cap perspective, $LBNK is currently at ~$50M pre-PEA which no other comparables had when they were at the stage $LBNK is at now - the comparables have as much as tripled in price and $LBNK is likely to replicate this if not exceed it once the PEA comes out in the next couple of months.

$LBNK's PEA is expected to be a solid catalyst and is set to be quickly followed up by a PFS for derisking while increasing the likelihood of attracting a banker or buyer to accelerate Sturgeon Lake to production as early as 2025. There's a lot in store for $LBNK & it's definitely one to keep an eye on IMO.
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