$POR Breakdown The global electric vehicle market was estimated to be worth $140 billion in 2019 and is expected to be worth roughly $700 billion by 2026. One of the key materials needed to make this happen is lithium, a key ingredient in the making of the batteries.
Due to this, I’ve been searching for Lithium companies I think are positioned to take advantage of this potential exponential growth and came across $POR or Portofino Resources. They currently have the right to acquire 100% interest in the Yargo Project, located in the “Lithium Triangle” of Argentina.
In 2021, $POR completed a geophysical survey and geochemical sampling program that identified two large, anomalous sub-basins within the project of 2.3km x 1km (western sub-basin) and 1.8km x 2.5km (eastern sub-basin). $POR ‘s intention is to subject Yergo lithium samples to certain breakthrough, green-tech, “Lithium-Ion Exchange” technologies. The ultimate objective will be to identify an ecologically friendly, cost efficient technology for extracting lithium from identified lithium brines.
Lots of potential for exponential growth, IMO not one to sleep on.
https://www.portofinoresources.com/