PEIMF Message Board Post 30934766 | Pepinnini Lithium
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Leliani
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Posted on: Nov/30/2023 13:58:02
Investors eyeing the mineral resources sector might find Power Minerals Ltd. ($PEIMF) an intriguing prospect at its current trading price of $0.1493 on the OTC market. The company's market cap of $13.39 million and outstanding shares of 89.7 million suggest a company of moderate size, potentially offering room for growth. Power Minerals' strategic focus on demand-driven commodities, specifically in the battery-grade lithium carbonate space, aligns with the current market trends. The positive results from the Preliminary Economic Assessment (PEA) for the Rincon salar further enhance the company's appeal, showcasing the potential for a high-purity, battery-grade lithium carbonate operation. With a projected annual revenue of US$194.8 million over the initial 14-year operation, investors might see Power Minerals as a promising player in the mineral exploration arena.
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