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Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two processing facilities: a 4,000 square feet (sq ft) lab in Denver, Colorado and a 55,000 sq ft complex in Bessemer, Alabama. The Company is engaged in a contract with multiple strategic mineral resource owners and processing brines from the Salars in Chile and Argentina, and the Smackover reservoir in the Southeastern United States. The Company’s wholly owned subsidiary is Aqueous Resources LLC.


NEO:LITS - Post by User

Bullboard Posts
Post by minepicon Nov 14, 2017 1:42pm
140 Views
Post# 26961170

Cost of Acquisition

Cost of AcquisitionI notice alot of posts like to mention the low float of 32M shares. While that makes for a good "part" of the story, everyone should realize that there will likely be paper (shares) that will be used to purchase the MJ company. With the popularism of this sector the purchase price be significant. Usually higher purchase price= higher valualtion=higher share price!  Time will tell.
Bullboard Posts