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8.2¢ alita resources limited

One of the only six producing lithium mine in Australia. Eg....

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08/04/23

16:49

Post #: 67193296
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Originally posted by Haplo: ↑

$1.5B evaluation by Canaccord is only based on what they know on public record. They didn't have access to the mine details during the first hearing. They should, however, have further access via discovery in these current hearings.

Do we know what Austroid did exploration/drilling-wise during these last couple of years? Unfortunately, Calderwood continued his ineptness by selling the Cowan tenements off to Liatiam for a mere $3M at the time.

Fortunately, there is still a lot of potentials to expand the resource at Baldhill. Taken from the last EGM presentation. Also from what I recall - they should be removed most of the overburden bynow at hitting the peg directly.

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One of the only six producing lithium mine in Australia. Eg. 150ktpa at US$5000/t. Any acquirer at canaccord's valuation will get a tier 1 jurisdiction producing lithium asset with payback less than 2 years.

A40 Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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