AI
Friday, July 27, 2012 12:30:57 AM
Closer look at valuations
49 Concessions Totaling 31,462 acres 12,732 hectares
"Recent developments in the sector include lithium Galaxy Resources acquiring Lithium One and valuing their lithium assets in Argentina at nearly ninety million dollars on a share adjusted basis," said William Lieberman, President of Mammoth Energy Group. He added, "Lithium One paid or had agreements to pay a combined number of close to six Million dollars for over 25,000 hectares at the Hombre de Muerto Salar based on SEDAR filings over the past three years."
$90,000,000/25,000= $3600
12,732 hectares X $3600 per hectare =
Potential Valuation
Add in Potash, Boron, and possible copper and gold
If William strikes a deal next week, what will MMTE's Chilean concessions be valued at?
Which of these groups of concessions will be offered next week.
Laguna Lagunilla: 5 Concessions totaling 2,471 acres
Salar De Pujsa: 15 Concessions totaling 11,695 acres
Salar De Laco: 6 Concessions totaling 2471 acres
Salar De Maricunga: 13 Concessions totaling 8649 acres
Laguna Paquisa: 10 Concessions totaling 6177 acres
Latest update on MMTE's concessions found here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77139693
49 Concessions Totaling 31,462 acres 12,732 hectares
"Recent developments in the sector include lithium Galaxy Resources acquiring Lithium One and valuing their lithium assets in Argentina at nearly ninety million dollars on a share adjusted basis," said William Lieberman, President of Mammoth Energy Group. He added, "Lithium One paid or had agreements to pay a combined number of close to six Million dollars for over 25,000 hectares at the Hombre de Muerto Salar based on SEDAR filings over the past three years."
$90,000,000/25,000= $3600
12,732 hectares X $3600 per hectare =
Potential Valuation
Add in Potash, Boron, and possible copper and gold
If William strikes a deal next week, what will MMTE's Chilean concessions be valued at?
Which of these groups of concessions will be offered next week.
Laguna Lagunilla: 5 Concessions totaling 2,471 acres
Salar De Pujsa: 15 Concessions totaling 11,695 acres
Salar De Laco: 6 Concessions totaling 2471 acres
Salar De Maricunga: 13 Concessions totaling 8649 acres
Laguna Paquisa: 10 Concessions totaling 6177 acres
Latest update on MMTE's concessions found here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77139693
This is only my opinion, not an endorsement to buy or sell anything. Buying stocks is risky; you could lose all of your investment. Always do your DD.
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