Advantage has increased the resource estimate from 500K T LCE to 3 million T LCE; highlights of the updated report.
Based on a recent acquisition of an Argentine brine asset, the implied value of Advantage exceeds $2/share.
Eight Capital has increased the target to $2.50/share, Cantor Fitzgerald has a “Buy” rating and target of $2.00/share, National Bank of Canada has a “outperform” and target of $1.90/share.
For the past 9 months, I have been reporting on updates and developments on Advantage Lithium (OTCQX:AVLIF,) which is actively developing their flagship Olaroz-Cauchari project in Northwestern Argentina. Since late Q3 2017, the