Advantage Lithium Corp AVLIF

AAL Mention in SA Article on Orocobre

[PetroLoonie1]

https://seekingalpha.com/article/4127690-orocobre-recently-increased-position?app=1&uprof=44&isDirectRoadblock=true

Rise in Advantage Lithium Shares

In the first half of 2017, Orocobre sold non-core lithium brine land packages to junior lithium exploration company, Advantage Lithium (OTCQX:OTCQX:AVLIF) in exchange for 46 million shares. In addition, Orocobre holds a 25% interest in the Cauchari project, which is actively being advanced by Advantage Lithium. The target at Cauchari is to define a base case scenario of 2 – 2.5 million T LCE of resources in ground. Lithium carbonate pricing is presently trading over $11,000 T LCE with spot prices ranging between prices of $14,000 - $20,000 / T LCE. Using 10% of market price for LCE in-ground, or $150T / LCE proven resources on a 2.5 Million T LCE resource, this would translate into a total asset value of around $375 million. These figures would place Advantage Lithium shares over $2/share for a total market capitalization of approximately $280 million. Orocobre would hold 46 million shares at $2/ share for a total of $92 million in marketable securities plus 25% of the $375 million Cauchari resource, translating into over $90 million in value attributed to Orocobre. Collectively, once Advantage Lithium completes the scoping study, on a base case scenario, Orocobre could recognize approximate gains of $180 million. The base case scenario would translate into approximately $.80/share value based on Orocobre’s current share structure. A defined deposit of between 3 – 4 million T LCE would significantly increase these figures.