Solid Outlook With the PEA Now Just Around the Corner Demand for lithium is expected to continue outpacing supply growth as the transition toward an electric future progresses. With prices near all-time highs and projections for lithium expect the prices to continue rising, there has never been a better time to be involved in the lithium market as a producing member.
LithiumBank is one of those companies that have both a low valuation and high potential for growth due to its status as an exploration-stage company. Their flagship Boardwalk project has some key features to differentiate it from competitors and other junior lithium companies.
- Planning on using DLE, which is a far more environmentally friendly extraction method and could solve one of lithium's biggest problems, the mining footprint.
- Close proximity to Grand Prairie and has great access to existing infrastructure.
- Nearly 6M tonnes of inferred resources at an average grade of 67.1 mg/L giving it the potential to be one of the largest lithium projects on the market.
With the PEA now expected to be released any day, there’s a lot of potential for upwards momentum as we move into fall. It will solidify $LBNK.V’s position within the market and with only a $35M market cap, definitely keep an eye out for it.
Check out the recent investor webinar that goes over some questions that you may have: https://youtu.be/5_HSDawmWSU