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Volt Lithium Corp V.VLT

Alternate Symbol(s):  VLTLF

Volt Lithium Corp. is a Canada-based lithium development and technology company. The Company focuses on being a commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. The Company focuses on leveraging its direct lithium extraction (DLE) technology to extract lithium deposits from established wells, supporting the clean energy transition. The Company is developing its lithium project in the area of Rainbow Lake, in Northwest Alberta (the Rainbow Lake Lithium Project). The Rainbow Lake Property is in northwest Alberta and is defined by 20 contiguous Alberta Metallic and Industrial Mineral Permits (173,990 hectares) of which the Company has 100% mineral interest ownership.


TSXV:VLT - Post by User

Comment by gladiatoroon Sep 18, 2023 1:13pm
90 Views
Post# 35641680

RE:RE:RE:Volt versus the volcano

RE:RE:RE:Volt versus the volcano
juniorbullalive wrote: Sproule already has calculated Volts cost of production at roughly $4000 per tonne - next year their initial plant production will be 1000 tones - assuming lithium prices are at least 24000 , that's 20 million cash flow - give that a 5 multiple and you have a $2 stock - production will then level up to 7500 tones annually- assuming by the. 200 million shares outstanding that gives you $7.50 in roughly 2/3 years 



7.50.dollar target per share in 2 to 3 years sounds impressive BUT what are the chances of FAILURE...I don't like gambling with my money....in other words what are the chances of loosing my investment ? ? ?  is it worth the risk ?
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