Post by
ndiamond on Jan 29, 2021 2:19am
current valuation is still very low - tremendous upside
Per my earlier post :
ndiamond said:
ETMC. Buy and Hold.
ndiamond wrote (updated):
ETMC could easily be worth $8.00 per share. I think it will get there. The lithium resource is so massive. Huge opportunity to increase resource even more. Location/juridiction in safe Alberta. Great infrastructure already in place. Only 41 million shares issued ($80 million market cap). Has a larger lithium resource than SLL...
Closest comparison - Standard Lithium (SLL) over $500 million market cap.
Take a look at the chart on LAC. Was $2.90 in March (yes 10 months ago) - now $26 with a market cap around $2.4 billion.
Millenial Lithium (ML) - about $350 million market cap.
ETMC -- has massive upside in valuation from current level. Ridiculously cheap compared to peers
Buy and Hold.