China Dongsheng International Inc (CDSG)

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From the article -

"Over the past five years American Lithium has advanced the TLC Lithium Clay Project from surface sampling through resource drilling and definition to preliminary economic assessment (PEA) stage.

The TLC Projects' March 2023 PEA defined a post-tax NPV8 of US3.26 bn and a post-tax IRR of 27.5% at a lithium carbonate equivalent (LCE) price of US$20,000 per tonne (t).

As American Lithium has advanced the TLC Project, the company's share price risen by over 700% from C$0.37 per share to C$2.98 per share (Figure 5).

During this period, American Lithium has raised a total of US$55.5 mln in four stages largely at progressively higher share prices (Figure 5). Titan Lithium plans to emulate American Lithium's TLC Project development pathway, at its Titan Project."