Lithium Energy Limited - IPO Breakdown, page-7

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bhavdip143

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19/05/21

00:22

Post #: 53263561
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Originally posted by organisation13: ↑

Hello Everyone,
Below are some brief research notes on LithiumEnergy Limited. All information was collated from Strike Resources website/presentations and the LEL prospectus.

Corporate Snapshot
Market Capitalisation: $16 mil
Cash Raised: $9 mil
Enterprise Value: $7 mil
Shares on Issue: 80.01 mil
Escrow Shares and options are below

Substantial Share Holder:
Strike Resources Limited $SRK holds 34,410,000shares (43.01% of the company)

Projects Overview
·Flagship Solaroz Lithium Project (Argentina - (90%)
·Burke Graphite Project (Queensland) (100%)

Solaroz Lithium Project

The Solaroz Tenements are mostly adjacent to and principally surrounded by Tenements held by Orocobre Limited (ASX/TSX:ORE) and Lithium Americas Corporation (TSX/NYSE:LAC), within South America’s ‘Lithium Triangle’ in North Western Argentina.
* Orocobre Limited – Market Cap. Is ~$2.4B AUD
* Lithium Americas Corporation – Market Cap. Is ~$1.9B CAD

Burke Graphite Project

Lithium and Graphite Market Potential
Utilisation of Funds
Expected trading commencement Monday, 24 May2021

Good luck to all, given the projects and sector strength it looks attractive and should do well on listing.

All IMO. Please do your own research!

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I was going to write my little Summary of this IPO but You have done a better job than me already !

Thanks for sharing

I totally agree with your sentiment

Just on the basis of Burke Graphite Project , LEL looks extremely cheap

and it got a massive upside and blue sky potential for Flagship Solaroz Lithium Project

It got at least 100 mil Mcap ( $1.25) written all over it in short term

And in the medium to longer term It can become one of those cult stocks which will keep on going higher

ALL IMO

DYOR

GLTAH

LEL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

2 Great analysis

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