TheApeOfGoldStreet@TheApeOfGoldST
$LIT.v - Argentina Lithium & Energy
Did you know?
Stellantis, one of the world’s largest automakers, invested US$90M into Argentina Lithium’s Argentine subsidiary and owns 19.9% of it.
Argentina Lithium has also signed a non-binding US$100M staged earn-in framework with Lanshen, a Chinese DLE technology company specializing in lithium-selective resins and brine extraction systems.
Lanshen can potentially earn up to 30% of Argentina Lithium’s Argentine subsidiary, ALESA, through staged contributions tied to advancing the Rincon West lithium brine project.
On top of this:
Rincon West sits right beside Rio Tinto’s Rincon project, where Rio has approved a US$2.5B expansion and secured a US$1.175B financing package to help develop the project.
That is not money into $LIT.v, but it is a major infrastructure / district validation point.
So $LIT.v has US$90M already invested at the subsidiary level by Stellantis, a potential non-binding US$100M framework with Lanshen, and a project sitting beside a multi-billion-dollar Rio Tinto lithium buildout, while still trading around a roughly C$15M market cap.
I don’t know about you, but when major players have already invested US$90M at the subsidiary level, and another US$100M framework is now on the table, I doubt the goal is to see a company with a roughly C$15M market cap stay a C$15M company.
Im very confident this will be a very good mid/long term investment. I can't see any other outcome, it's just a question of time and when the market actually realize that this company is extremly undervalued in the #Lithium sector.
I currently hold 2.5-3% here, all loaded between $0.090-$0.095, price now $0.100.
