"The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels."
10 to 30 thousand depending on concentration. So let's say 30,000 acres at 20 thousand per acre. 30,000 X 20,000 = 600,000,000 (million dollars)
If you read my message, I said, SHORT TERM. News comes out, some people will buy more, but it will take a massive amount of buying to push this to pennyland (ONCE AGAIN....MY OPINION) I am NOT spreading doubt....just trying to be realistic with myself and not set too high of an expectation. IF the deal goes through and they start mining Lithium....THEN......there will be more investors and the PPS will rise. GLTA
