Lithium Ionic Corp V.LTH

Alternate Symbol(s): LTHCF

Metals & Mining Industrial Metals & Minerals

Lithium Ionic Corp. is a Canadian mining company. The Company is engaged exploring and developing its lithium properties in Brazil. Its flagship Itinga and Salinas projects cover 14,182 hectares in the northeastern part of Minas Gerais state. The Itinga project is situated approximately 25 kilometers (km) east of the town of Aracuai and approximately 594 km northeast of Belo Horizonte in Minas Gerais Province, Brazil. The Itinga properties are located in the municipalities of Aracuai and Itinga. The Salinas Project is located approximately 100 km north of its Itinga Project (Bandeira and Outro Lado lithium deposits), within the lithium rich Aracuai Pegmatite District in the northern region of Minas Gerais State, Brazil. The Company has an option to acquire up to a 100% equity interest in Vale Do Litio Mineracao Ltda. (Vale Litio). Vale Litio has a 100% ownership interest in three lithium mining claims in Minas Gerais, Brazil that cover a total of 3,140 hectares (the Vale Claims).

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Lithium Ionic Corp > BANGING PEA:

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Post by geolteacheron Oct 19, 2023 6:37pm

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Post# 35691997

BANGING PEA:

just came across LTH.
Nice looking PEA, for just the Bandeira project.

NPV > 1$ billion.
CAPEX $233M includes 25% contingency.
20 year mine life, 14(?) month payback.
IRR 121%.

Eastern Brazil location adjacent to other UG spodumene mines, and power.

Their September Investor's Presentation says a Bandeira DFS will be out before 2024. Seems doubtful, but a DFS in 2024 would be fantastic.

analyst Clarus rerated the SP from 6.25 up to CDN 7.25 today.

Lookl like their other projects are omitted from the valuation., and have high potential.