American Lithium Corp AMLI

Crazy

[smxmcx2]

Crazy how this stock is moving based on a presentation and a BS letter to shareholders. What else is happening other than the price of lithium?

[Spartiat]

https://gestion.pe/economia/empresas/american-lithium-busca-capitalizar-interes-de-peru-en-energia-nuclear-con-proyecto-de-uranio-empresas-mineria-litio-minem-noticia/?outputType=amp

[cyber37]

Good read......but Nevada is in US not Canada; still good read. G37 "These initiatives include the TLC clay lithium project in Nevada, Canada, the Falchani hard rock lithium project and the Macusani uranium deposit, both in the south of our country. “All three projects have undergone solid preliminary economic assessments, exhibit significant expansion potential and enjoy

[smxmcx2]

Serious question. What was the resolution of the court hearings regarding AMLI forgetting to renew certain licenses on time. This was years ago but I have not seen a resolution. Thanks in advance.

[cyber37]

Not sure if the link below works but courts ruled for LI....still it is being apeal (?). According to an official statement from the parent company, the court ruling, consistent with previous legal proceedings, establishes that Macusani is the legitimate owner of these concessions. It also highlights that the action initiated by the Geological, Mining and Metallurgical Institute

[Aktiengraf]

Read the small print in every company message, it's written there. Cautionary Note Regarding 32 Concessions Thirty-two of the one-hundred-seventy-four concessions comprising the Falchani and Macusani Projects are currently subject to Administrative and Judicial processes in Peru to overturn resolutions issued by INGEMMET and the Mining Council of MINEM in February 2019 and July 2019

[Spartiat]

Page 4. A decision is expected in later October 2024.

[rockmoney]

Correct. Absolutely nothing is happening except management continues to get extremenly high salaries. They hold uneconomic uranium and lthium projects in extremely challenging environments for development and both super low grade. That Juliaca area has been a hot bed of violent anti mining protest in the past and I don't see that changing any time soon.