American Lithium Corp AMLI

American Lithium Files Robust PEA

[Betteryear2]

VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to announce it has filed an independent National Instrument 43-101 Technical Report (“Report”) on the Preliminary Economic Assessment (“PEA”) for the Falchani Lithium Project (“Falchani”) located in Puno, southwestern Peru Highlights of the PEA were previously announced on January 10, 2024.

American Lithium Files Robust PEA for Falchani Hard Rock (globenewswire.com)

[Blastfrompast]

Yet this pos sits at $0.96 .... 

[CALISUN]

Slumping EV sales and cold temps effecting battery efficiency are likely good reasons. 

[CALISUN]

IMO,  Li share price will only go up when an aquirer decides to lock in on future supply of this proven resource

[cyber37]

With $24/share worth of lithium in Falchani alone & current $0.96/share price LI has a long way to go towards convincing market of its’ worth. The neglectful nature of Investor Relations this outfit is running points to perhaps some secondary agenda that this management has….only wish I knew what it is? Still, we need a better IR and I hope a better price will follow. G37    

[explman]

Keep a close eye on the U spin out. Will tell you all you need to know

[Blastfrompast]

Sorry? U spin out ? 

[WobblyChart]

They announced a spin out of their Macusani uranium project last year, but mothballed it for the time being as the "conditions were not right" or some-such. I really wish they would stop dragging their heels on this. 

[cyber37]

That is almost $24/share value .....today move is a good start to reflect some of that.  G37

[Blastfrompast]

I'll be happy as a pig in poo if this hit $3 ....... 

[cyber37]

It sounds like you live by motto: “Aim low to avoid disappointment”; IMHO $3/share would only be a good start. G37

[Larder111]

 Still have my shares.Should re-rate to it's proper pea  evaluation 

[explman]

Pity their VP of Engineering does not have as much faith as you. He sold!!