The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
RM: Lithium Junior with a World-Class Resource
|
VISHY KARAMADAM, Ubika Research
(04/12/2011)
"Projects in prolific lithium-bearing region: Rodinia Lithium owns almost 100% of the Salar de Diablillos, in Argentina, which neighbors FMC's lithium project (world's third-largest lithium mine). The company also owns 70,000 acres in Clayton Valley, Nevada next to Chemetall's Silver Peak mine that has produced up to 5,000 tons lithium carbonate equivalent (LCE) over the last 40 years. High potential to become a lithium producer: Rodinia has a NI 43-101-compliant inferred resource at Salar de Diablillos of 2.82 Mt. LCE and 11.27 Mt. potash—this is a significant announcement when the current world consumption of lithium is approximately 120,000 tpy LCE, which represents 23.5 years of present global demand. Once further developed, this resource has the capability of propelling Rodinia as a major player in this space. We rate Rodinia as a levered play to lithium-oriented investors: Ubika Research rates Rodinia Lithium as 'undervalued' and as such have set our Ubika Model Price (UMP) for Rodinia at $1.12, which represents a 166% upside from Monday, April 11, 2011 close of $0.42 per share." |
PRINT THIS PAGE
EMAIL THIS PAGE
Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >