TSXV:LBNK - Post Discussion
Post by
waves1 on May 10, 2022 6:28pm
CEO on how $LBNK compares to its competitors
Found another great interview with LithiumBank ($LBNK.v) CEO Robert Shewchuk from Green Stock News: https://www.youtube.com/watch?v=1MuLuvniysk&ab_channel=GreenStockNews Shewchuck provides a good overview of $LBNK and how it compares to other publicly listed lithium developers. Notably, from a market cap perspective, $LBNK is currently at ~$50M pre-PEA which no other comparables had when they were at the stage $LBNK is at now - the comparables have as much as tripled in price and $LBNK is likely to replicate this if not exceed it once the PEA comes out in the next couple of months. $LBNK's PEA is expected to be a solid catalyst and is set to be quickly followed up by a PFS for derisking while increasing the likelihood of attracting a banker or buyer to accelerate Sturgeon Lake to production as early as 2025. There's a lot in store for $LBNK & it's definitely one to keep an eye on IMO.
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