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Bullboard - Stock Discussion Forum Argentina Lithium & Energy Corp LILIF


Primary Symbol: V.LIT

Argentina Lithium & Energy Corp. is a Canada-based natural resource company. The Company is focused on acquiring lithium projects in Argentina. The Company explores, develops and advances its four key projects covering over 67,000 hectares (ha) in the Lithium Triangle of Argentina. The Company’s projects include Incahuasi Lithium Project, Antofalla North Lithium Project, Rincon West Project and... see more

TSXV:LIT - Post Discussion

Argentina Lithium & Energy Corp > Stellantis acquired a 19.9% stake for $90M...
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Post by sdhaka on Aug 13, 2024 4:40pm

Stellantis acquired a 19.9% stake for $90M...

The global push for electric vehicles is driving high demand for lithium, despite a recent price drop. Argentina, a key player in lithium production, remains crucial to this industry.

Argentina Lithium & Energy Corp. (TSXV: LIT):

- Stellantis Partnership: Stellantis acquired a 19.9% stake for $90M, highlighting the value of LIT's assets.
- Rincon West Project: Drilling shows potential for a large, mineralized lithium aquifer.
- Undervalued: Analysts value LIT’s projects far above the current market cap, indicating significant upside.

Curious to learn more? Check out the full report for an in-depth analysis and future outlook: https://www.researchfrc.com/content/reports/post/119/a-stellantis-backed-junior-trading-below-cash-
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