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Bullboard - Stock Discussion Forum African Energy Metals Inc NDENF


Primary Symbol: V.CUCO.H

African Energy Metals Inc. is a Canada-based company. The Company is engaged in the acquisition, exploration, and development of mineral resources.

TSXV:CUCO.H - Post Discussion

African Energy Metals Inc > Lithium demand & CUCO potential
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Post by StockDoctor101 on Dec 07, 2022 1:29pm

Lithium demand & CUCO potential

With the transition to EVs, demand for lithium has shown no signs of slowing down. Some forecasts also show lithium demand could hit between 3 million and 5 million tonnes by 2030. Over the past decade there’s been underinvestment in the exploration stage, so supply needs to catch up.

https://investingnews.com/lithium-demand-keep-ballooning/

CUCO.v already has an early mover advantage with copper, lithium, and cobalt properties in the resource-rich DRC. They’ve also spent 7 years researching & assembling their battery metals portfolio. Here’s a few more things I like about CUCO:

-       De-risked with small mining permits
-       Clean titles with no risk of discrepancies
-       Currently valued at $5M and has plenty of upside
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