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Pure Energy Minerals Ltd V.PE

Alternate Symbol(s):  PEMIF

Pure Energy Minerals Limited is a Canada-based lithium resource developer company, which is engaged in the acquisition, exploration and development of mineral properties. The Company's primary project is the Clayton Valley Project (CV Project), which is located in Clayton Valley, Esmeralda County, Nevada. The CV Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global technology partners, Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project. The Company's subsidiaries include 0891884 B.C. Ltd., Esmeralda Minerals, LLC, 1056625 B.C. Ltd., 1061582 B.C. Ltd. and LT Capital Holdings, LLC.


TSXV:PE - Post by User

Bullboard Posts
Comment by Christofferon Mar 20, 2017 4:07am
175 Views
Post# 26000842

RE:Guesstimation

RE:Guesstimation






I like this article, it help to understand this kind of business a little

https://www.baystreet.ca/articles/stockstowatch.aspx?articleid=28153#.WD9XUvyvgEk.twitter


About share price I again don't know what I am doing, but if you can find a junior and look at their PE ratio, you will properly have a good indication. However maybe rather look in a sector using similar plant technology? The reason I mention that is, other juniors in this sector uses batch technology (12-24 months) hence no income the first two years, and then from there income, 1-2 times a year, with PE.V their would be continuous production of income from plant completion, it properly takes1,5 years to build, so I believe you would see a better cash flow performance.
Bullboard Posts