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Bullboard - Stock Discussion Forum Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two... see more

NEO:LITS - Post Discussion

Lithos Group Ltd > Lithium cost be ton
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Post by Pocketfulofhope on Feb 03, 2023 8:25am

Lithium cost be ton

It is now like 7 time what is was worth just 2 yrs ago.  Lithium demands are masssive and present supply wont keep up with future requirements..  This implies that lithium will continue to race up in value.  If Ams has accessible lithium brine on iron froge land being in country it could  create enough interest to bring in new investors.  Battery technology is an area in massive development and lithium being a key component seems to place Ams in the right place to find its legs.  We have to offset the bad taste in everyone mouths, but the SP improving is the best way to combat that.  I still think we will see a strong turn over of shares as many want to end this old nightmare. Im looking at this as a fresh investment im down a ton but I believe lithium is as good as gold and i think we can recover "IF" the Iron lands are rich in brine reserves. Lets say the hold a massive amount of brine at 70000/ton $ maybe just maybe ams with have its day. Great luck to all.
Comment by vartanyanas on Feb 03, 2023 8:30am
This post has been removed in accordance with Community Policy
Comment by graphite on Feb 03, 2023 10:28am
Good post! The demand for Lithium has grown much more in the last 2 years and the demand will keep continuing because we would need a few dozen mines to keep up with demand. Does AMS has the goods to supply the demand, we will gradually see what on the table once the boots are on the ground and a reserve is proven. : )
Comment by KozmoT on Feb 03, 2023 1:00pm
What does the price of lithium have to do with a near-dead, CSE listed microcap, garbage, penny stock that doesn't have a single pound of lithium resource? Did you post to the wrong BB again?
Comment by CAinPlap on Feb 04, 2023 8:28am
So lithium is the flavor of the day. Wonder how much time it will take and how many capital raises it takes on average to start a lithium mine? Dead money for along time. I know taking the loss would hurt for some of you but you have the chance to get out now. You would be foolish not to.
Comment by graphite on Feb 04, 2023 1:38pm
Hey with the program, we have new management that took over the company and the old management is long gone. You sound like Kosmo bashing the company about the past. Your not related to Kosmo?  New management has a track record that you'll be impressed about, maybe you should give them a chance and see what they pull out of the ground, if you did uour DD you'll see the sample of ...more  
Comment by CAinPlap on Feb 04, 2023 2:19pm
My shares were sold after the last halt came off as i saw this was going nowhere fast. Maybe you already own them? I am not Kozmo but I hope he enlightens the board on the track record of new management as I don't expect it will be flattering.(Forgive me for not doing own DD on a previously non-trading stock) So as you do so much "DD", please answer the following: What is the address ...more  
Comment by KozmoT on Feb 05, 2023 9:21pm
I guarantee you graphite won't answer those questions.  As for the "new" management - I invite anybody to look up the background and history of Eric Boehnke for themselves ... OUCH !!!
Comment by zagalllo on Feb 06, 2023 12:18am
If it's such a bad deal why are you still hanging around making a fool of youself?
Comment by CAinPlap on Feb 06, 2023 11:54am
History has shown that if you want to make a fool of yourself, this is the chatboard to do it on. Plenty of examples to chose from. If you hadn't just joined today, you would know this.
Comment by CAinPlap on Feb 06, 2023 12:51pm
Hey Graphite(and anyone else smart enough to listen). Your welcome for leading you to a company that could help you recover your losses on this POS. But shouldn't you be doing DD on the timeframe and cost of building a lithium mine?? You know, to try and establish a hint of credibility? 
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