American Lithium Corp (AMLI)

[chico237]

American Lithium: An Undervalued Gem In The Lithium Mining Industry
(Nice Read through...)
https://seekingalpha.com/article/4569275-american-lithium-an-undervalued-gem-in-the-lithium-mining-industry

American Lithium Corp. (NASDAQ:AMLI) is an international mining company with lithium and uranium projects in Peru and Nevada. Its Falchani property is the sixth-largest lithium deposit in the world and Peru's largest hardrock deposit. The Tonopah Lithium Claims (TLC) project in Nevada is one of the five largest sedimentary lithium deposits in the world, and total resources have recently increased significantly.

American Lithium announced in December 2022 its intention to spin off its Macusani Uranium project into a separate entity in the first half of 2023. The spinoff will unlock substantial value, allowing the company to concentrate solely on lithium and its two related projects, TLC and Falchani.

In light of this, we are optimistic that American Lithium represents an excellent investment opportunity for investors seeking lithium market exposure. The company's diverse portfolio and solid financials make it an attractive investment.

Company Overview
American Lithium Corp. is a Canadian development company focused on the advancement of two large-scale lithium projects: the Falchani exploration project in Puno, Peru - a unique volcanic-hosted lithium project - and the Tonopah Lithium Claims exploration project in Nye County, Nevada - a clay-hosted lithium deposit. The company's project portfolio also includes the Macusani Uranium project, which it plans to spin out into a separate vehicle in the first half of 2023, while simultaneously advancing the project towards prefeasibility with an infill and step-out drill program.

American Lithium is listed on the TSX Venture Exchange (TSX.V) under the ticker LI, on the Frankfurt Stock Exchange under the symbol 5LA1, on the OTCQX under the ticker LIACF, and on the Nasdaq under the symbol AMLI.

As of August 31, 2022, the company had $6 million in cash on hand, $39 million in working capital, and no long-term debt, pointing to a strong financial backdrop.

Form your own Opinions & Conclusions!
Closed Friday @3.36/share... Room to go much higher by years END 2023!
Chico