Advantage Lithium Corp. (fka AVLIF)

[tikotiko]

The Orocobre announcement should have helped both Orocobre and Advantage, but I think it has not because the whole lithium sector is going through announcements and manipulations. Perhaps we will see a delayed response when Orocobre begins to rise more is SP. In the meantime, the periodic announcements of the exploratory well should help Advantage a bit but not much. The big helpers will be the resource estimate when all the explorations are completed, the plan for infrastructure and the financing plus terms of agreement with Orocobre. However, all of these announcements will take time and the stock may not move too much until then, but who knows. I am a firm believer that Advantage will be producing by 2020. It has a great resource and does not need to build its own processing plant at a cost of hundreds of millions of dollars. Instead, it can convey its brine to Orocobre’s plant and pay them a fee based on their agreement TBD. Advantage should only have to set the extraction wells, install pumps to convey the brine, build a pipeline to Orocobre’s plant and install other necessary infrastructure. I am no expert, but I don’t think this can cost no more than say $20 to $30 million. Even if my estimate is off and it were twice that amount, it is much cheaper and should be much easier to finance than a processing plant, ponds, etc. If I remember correctly, the company does not have debt and has something like $50 million in the bank. I believe in this company will succeed and I am willing to be patient.
All IMHO and DYR