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LITHIUM X ENERGY CORP V.LIX

"Lithium X Energy Corp is a lithium resource explorer and developer. It is focused on supplying the lithium battery industry. The company’s property includes Sal de Los Angeles lithium-potash brine project (the SDLA Project), in Argentina's Salta Province."


TSXV:LIX - Post by User

Post by goldmembon Apr 06, 2016 12:30pm
128 Views
Post# 24736891

MMS.vn (take a look)

MMS.vn (take a look)
The Moonshine Magnetite Project has a NPV of $2.651 billion at a 10% discount rate. The other project the Ularring Hematite Project has a $456 npv at a 8% discount rate. With Tesla causing massive demand for lithium, these project will be looked at for either a take out candidate or possibly a joint venture. The market cap is currently about $3 million and these shares will not be cheap for long!

Get them while you can!

Good luck to all longs

For more information regarding their projects
https://macarthurminerals.com/projects/iron-ore-hematite-ularring

https://macarthurminerals.com/projects/iron-ore-magnetite-moonshine

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