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Global lithium demand is expected to double from 2020 levels to 2023. With demand expected to rise due to the increased production of EV’s, projections forecast a shortage in supply to meet the demand. This means companies like Portofino Resources $POR will be looking like a great play.
We’re currently waiting on announcements from $POR.V ‘s leadership team on the commencement of drilling at their Yurgo lithium project-- of which they own a 100% interest. Once we have announcements that operations and production are underway, I think we can expect shares to make a strong positive swing.
Shares of $POR are currently trading at $.12 and the company is valued at $11.9 million.
https://www.kitco.com/news/2021-11-26/Global-lithium-demand-to-more-than-double-between-2020-and-2023-while-supply-may-fall-short-report.html
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