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Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.


TSXV:ILI - Post by User

Post by SmokeyOBon Jan 17, 2024 3:53pm
202 Views
Post# 35832084

I looked at the numbers

I looked at the numbers

693 million $ based from their previous 2 million tonne ore body

Not really sure how much these shares should be valued at.  Not real sure what their lifts costs would be or their primary infrastructure or administrative expenses would be.  There private companies out there that have mine plans and 43-101 reports completed.

Also their intersections aren't particularly long. They are fairly close to surface, which is good. 

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