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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Post by Sylt1204on Feb 10, 2021 11:23am
108 Views
Post# 32525345

TTX = lithium

TTX = lithiumTesla or someone else receives CO = cobalt and TTX = lithium Co has great cobalt areas in America and with TTX direct access to lithium from Africa, right next to and on the AVZ area. Everything important about battery metals is available. Tantalex estimates the total tonnage of the heaps at 85-140 million tons. With a Li2O content of 0.65-1%, this could lead to a total spodumene concentrate of between 10-20 million tons. At the most conservative, 10 million tons, a projected VK of $ 600 and OPEX of 400, that adds up to around 2 billion gross margin with no knowledge of the cost of capital. Check out the market capitalization of AVZ in Australia Stock Exchange. TTX (neighbor of AVZ) will publish drill results shortly, the management and investors behind the scenes of International cobalt corp are waiting. from the m & a report by co: "The Companys management is currently waiting for Tantalex to announce results from an ongoing drill program in the Democratic Republic of the Congo. The forthcoming drill results will help management determine if the Company will continue to pursue the proposed amalgamation or elect to convert all of the debentures into common shares of Tantalex. In the event that the Company continues to pursue the amalgamation, management will attempt to negotiate final terms for the amalgamation with Tantalex. The Companys management hopes to make a decision about the Tantalex Amalgamation and convertible debentures in the near future. The business purpose of acquiring the convertible debentures from Tantalex was to expand with another mineral exploration stage company and to provide a return on investment (if successful) to shareholders by advancing exploration and evaluation projects.
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