Source: Clive Maund 03/25/2024
The recent happenings at Lithos Group Ltd. are emitting sparks that experts believe will soon ignite a flame of success. Technical Analyst Clive Maund, in his poignant analysis, encourages investors to take notice of the company’s promising trajectory.
Lithos Group Ltd. LITSF was brought to investors’ attention at CA$0.61 in January and again at CA$0.75 earlier this month.
The spotlight now shines on the company’s recent announcement indicating the commencement of manufacturing the AcQUA™ field system for two eminent Tier 1 lithium producers.
The accumulating interest in the stock over the past weeks is substantiated by this groundbreaking news, paving the way for revenue generation in the fourth quarter of this year. This revolutionary patented system eliminates the necessity for evaporation ponds, setting Lithos Group on a pioneering path in the industry.
Intriguing slides from the company’s latest investor deck shed light on the unique benefits of Lithos’ technology.
Slide 7 underscores the problem eradicated by Lithos’ groundbreaking technology.
Slide 5 demonstrates how the company’s technology enables sustainable lithium production without relying on evaporation ponds.
Slide 9 reveals the projected over 9-fold increase in lithium demand by 2035.
Slide 16 showcases the substantial boost in production yield from brine projects facilitated by the company’s proprietary DEL technology.
The current stock chart for Lithos signals a promising outlook, poised for a significant upsurge, which the recent news is expected to catalyze.
Lithos Group is highly recommended for immediate purchase or for enhancing existing positions, particularly on the US OTC market where it enjoys robust trading volumes.
Lithos Group Ltd. LITSF closed at CA$0.70, $0.5175 on March 22, 2024.
While these insights are valuable, it is crucial to emphasize that the road to success is not without stumbling blocks, and investors are urged to conduct thorough due diligence.
The dynamism in the lithium market calls for astute decision-making, and Lithos Group seems to be on a trajectory that investors should keep a keen eye on.