Market cap ?????
Pure energy has a MCap of $60 million x
We have a MC of just over $3 million. Even if we are trading at $1 we still only have half Pure's MC at $30 million.
Outstanding shares are very low which is a big ++
High grade is more economical than 160 Li Brine
We are in the safest investment country in the world.
Americal wants to be energy independent and this includes Lithium
Lithium is abudant but it takes years for Brine projects to come on board and the big producer are the same when it come to ramping up. The water required is non existant in most of the places touting discoveries, and the countries that have a lot are political disasters. I would not spend a penny as tomorrow there could be a another uprising or change of dictators.
We have a potential huge HIGH GRADE Li discovery. Pure only share about a 1/3 of the potential high grade mine.
Lots of +++ pluses
I truly believe after we show the depth and the PEA tonage someone will take a run at us.
I am not trying to boost the stock as it has to be proven up on its own with drilling. If it looks like a duck and quacks like a duck then its probably a duck.
My wife and I own a quarter million shares and will have most of them when we are taken over. If we drop back to 10 cents we will own a lot more. Thats how confident we are after months of research and contact with the company.
Also the CEO Don Houston bought 1 million shares at 10 cents in the PP and is commited to another 1 million at 12.5 This will provide more cash and no more PPs
Don Meyers bought 100,000 as well. That confidence considering they know whats been discovered.
GLTA