OTCPK:DSLEF - Post by User
Post by
truestar2on Apr 13, 2018 9:42am
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Post# 27878633
Lowest Cost Lithium Producer
Lowest Cost Lithium ProducerDesert Lion is quite likely the World's Lowest Cost Lithium Producer. The average cost of Labour is 1/5th of Canada or Australia, 1/3rd of Argentina or Chile and 1/2 of China. To build the Flotation processor in Namibia it is 7MM vs 56MM in Canada or Australia. Take a look at Nemaska which may have the same tonnage as Desert Lion. Market Cap 550MM and 800MM to build the full processing plant, whereas Desert Lion when ready, if not taken out will build for 200MM. The World's Lowest Cost Lithium producer will make money this year. Market Cap is way undervalued at 60MM