Bullboard - Stock Discussion Forum Lithium Ionic Corp V.LTH

Alternate Symbol(s): LTHCF

Metals & Mining Industrial Metals & Minerals

Lithium Ionic Corp. is a Canadian mining company. The Company is engaged exploring and developing its lithium properties in Brazil. Its flagship Itinga and Salinas projects cover 14,182 hectares in the northeastern part of Minas Gerais state. The Itinga project is situated approximately 25 kilometers (km) east of the town of Aracuai and approximately 594 km northeast of Belo Horizonte in Minas... see more

TSXV:LTH - Post Discussion

Lithium Ionic Corp > BANGING PEA:

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Post by geolteacher on Oct 19, 2023 6:37pm

BANGING PEA:

just came across LTH.
Nice looking PEA, for just the Bandeira project.

NPV > 1$ billion.
CAPEX $233M includes 25% contingency.
20 year mine life, 14(?) month payback.
IRR 121%.

Eastern Brazil location adjacent to other UG spodumene mines, and power.

Their September Investor's Presentation says a Bandeira DFS will be out before 2024. Seems doubtful, but a DFS in 2024 would be fantastic.

analyst Clarus rerated the SP from 6.25 up to CDN 7.25 today.

Lookl like their other projects are omitted from the valuation., and have high potential.

Anybody seen a timeline or estimate to production?
In a mining area away from Amazonia, permitting 'should' be easy - anyone know?

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Comment by JonnhyRotten on Oct 23, 2023 5:17pm

this should help understanding the perm itting timelines https://lithiumionic.com/news/lithium-ionic-signs-mou-with-local-government-authority-invest-minas-obtains-priority-status-to-facilitate-acceleration-of-licensing-and-development-for-its-itinga-and-salinas-lithium-projects-brazil Also you can check out Latin Resources (LRS) on the ASX for the best proxy to LTH, on the planet.

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