Preparing for the Upcoming PEA Lithium demand is set to outpace supply for the foreseeable future as not only car companies make the transition to electric, but nearly all transportation industries are looking into developing some form of electric vehicle. This lack of supply, especially produced in NA, provides a huge market opportunity for green and domestically produced lithium. That's where $LBNK comes in, with one of the largest lithium-focused Canadian land packages spanning 3.2M acres in Alberta and Saskatchewan. This gives $LBNK.V access to both a stable and secure government and access to existing infrastructure.
Additionally, with the focus on DLE, the ecological damage will be minimized compared to other methods of lithium extraction such as open pit and salar fields. With one of the biggest concerns about batteries being the ESG footprint, DLE could provide a far better alternative. Now there are a few things to look out for from $LBNK.V here.
- Upcoming PEA after Hatch decides on the optimal DLE technology to be used at the Boardwalk Project.
- Continued sample results as the most recent sampling returned higher than expected/average results.
- Resource estimates from their smaller projects such as Kindersley, Estevan, and the South Property.
Overall, $LBNK.V has the highest potential out of all competitors in the DLE industry due to their low valuation of only $30M and the 5.97M inferred resource estimate. Batteries aren't going anywhere anytime soon, so lithium is always going to be an essential resource across the globe.