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 > Any Idea on when this stock will start gaining?

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Comment by kikker01on Dec 12, 2018 8:00pm

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Post# 29106781

RE:Any Idea on when this stock will start gaining?

I think a lot of factors aren't in AAL favor at the moment. Li2CO3 oversupply in china, price drop of Li2CO3 and LiOH over year. I would expect next years contracts are being negotiated at current prices. So I don't expect this years lofty prices again for a few years and maybe not again as lots of supply coming on line. Brine is competing with spodumene mines which are faster to bring put into production. Even Albermale has bought a stake in Australia. Toss in China/Us trade war and chinese cut back of NEV insentives.
AAL mine would be years away. first production in q3 2021 and full in 2013. (projected, if ORLs record is anything to go by, thats optimistic). A lot of uncertainty between now and then. both for AAL and demand and production globally.

My hope is ganfeng and lithium america don't want someone in their back yard and buy them.

best

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