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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

Comment by LithiumNPVon Aug 23, 2017 12:05am
195 Views
Post# 26610802

RE:Any Indication . . .

RE:Any Indication . . .When they start producing in the next couple months, starting with 2500 tonnes as a test project. Even 2500 is alot. 2500 x $20,000 = $50,000,000. Wow!

Let's put this into perspective.

They have about 3 million tonnes of LCE and the best management they can ask for (same is true for NLC and AAL as well).

3 million tonnes x $20,000/t = $60 billion.

That's a alot of money. I don't care what discounting rate you use to get to a net present value of the resource, or how many years it takes to extract this lithium deposit from brine or how expensive their facility is.

Just sit on LIX, NLC and AAL for 5 or 10 years and wake up one day a multi millionaire. 

Not only this because that's 20 years to find another deposit and another and another. 

Very exciting! 
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