Advantage Lithium Corp AVLIF

Metals & Mining Industrial Metals & Minerals

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein. Its projects include Cauchari; Incahuasi; Guyatayoc; Antofalla; and Clayton.

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Advantage Lithium Corp > downward pressure today?

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Comment by tiger6301on May 24, 2018 8:47pm

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Post# 28078590

RE:downward pressure today?

The followings are my thought:
1 Resource size is reasonable, but only inferred and it cannot be used for Feasibility Study.
2.The resource size is still cannot compared with LAC (not sure about ORL, though I am a share holder for both);
3. Grade is average, but much lower than both ORL/LAC;
4. The SO4/LI ratio is too high, so higher cost;
5. Most critical part is AAL shares the same salar with LAC/ORL, which I don't like it. Since lithium is contained in the brine liquid, and AAL's properties are next to LAC's, so LAC's wells can suck AAL's brine.

JMO, don't have a position in AAL, just watching and waitting for the resource.

tiger