The Energy Report - RM: Looks Good from Every Angle

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RM: Looks Good from Every Angle

JON HYKAWY, Byron Capital Markets (02/01/2010)
"Rodinia is a development-stage lithium producer. It holds a large land claim in Clayton Valley, Nevada, bordering the ponds and processing plant of Chemetall on all sides. It has also acquired what we consider to be two major properties in Argentina. It appears Rodinia may well have several options to produce inexpensive lithium, and through acquisitions, could make that lithium even less so. While we believe Rodinia will continue to add quality properties to its portfolio, we also believe the properties owned by the company now are sufficient to justify our price target. We can also speculate on some potential future arrangements that may be made, and we note that there is significant upside to Rodinia's valuation on that basis."

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For more independent commentary, click here: Rodinia Lithium Inc. TSX.V:RM; OTCQX:RDNAF