PEIMF Message Board Post 30934768 | Pepinnini Lithium
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davidpine
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Posted on: Nov/30/2023 14:04:23
Power Minerals Ltd. ($PEIMF) stands out in the mineral resources exploration sector, trading at $0.1493 on the OTC market. With a market cap of $13.39 million and 89.7 million outstanding shares, the company presents an interesting investment opportunity. The strategic focus on demand-driven commodities, particularly in battery-grade lithium carbonate, positions Power Minerals to tap into a market with increasing significance. The positive outcomes from the Preliminary Economic Assessment (PEA) for the Rincon salar underscore the company's potential to thrive in the exploration and development of high-purity lithium carbonate. The robust, low-cost operation with a forecasted annual revenue of US$194.8 million over 14 years adds to the attractiveness of Power Minerals as an investment choice.
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