TSXV:LIT - Post Discussion
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-
Be the first to comment on this post