Dear Reader,Just 30 miles East of Yellowknife is a lithium asset attracting attention.“Project Yellowknife” is home to what I and my interview guest today believes is a 100 million tonne lithium deposit.Now, what does that size mean?We’ve modelled that internally to be like a 10-12-million-ounce gold project.Which would make it top 5 in North America.The potential of this deposit is to produce a critical mineral that’s now labeled by the White House website as:
This interview is with Francis MacDonald, the CEO of my #1 lithium stock holding, Li-FT Power Corp (LIFT.TSXV | LIFFF.USOTC).Make no mistake…I own a lot of shares as do members of Katusa Research and think this company goes a lot higher from here. So, I’m fully biased.
And it’s not just catching the attention of us here at KR…
Various brokerage and investment banks have target prices much, much higher than where the stock is trading today.**The value proposition has me salivating, and it’s why I’ve accumulated over $1M worth of shares.Just take a look at LiFT Power compared to its peers:
Translating this picture means this: We won’t have to wait long for the truth machine to go live…Li-FT expects the Maiden Resource Estimate to come out by September this year.And if they continue to hit grades between 1-2% lithium like they’re consistently doing, we might not have to wait until September to see dramatic results.
Here’s the Fast-Moving Lithium Market in 3 quick hits…
- China is one of the only places in the world that can produce AND refine lithium.
- The US is looking to build its own supply chain and not be dependent on China for its battery supply chain as EV sales rocket higher year over year.
- Major Oil companies, mining companies, billionaires, Car companies, tech companies, and major mining companies are scooping up lithium deposits and assets left right, and center.
In fact, some lithium assets were recently acquired for major money ($1.6 Billion), WITHOUT even proving up a resource.Francis and I go into detail about Li-FT’s Yellowknife Project and its potential.I’ve waited a year to stake my position in this company and it’s coming close to some major catalysts that have my team and I excited.In this short interview you’ll learn:
- Who’s sniffing around the project (Hint, they have deep pockets and big interest) at 2:21.
- What the base case and high case share value is based on analysis and estimate (Hint: higher than current prices) at 3:21.
- What I think the incredible asset value is worth using current low lithium prices right now, nevermind if prices move higher at 8:15.
- The SIGNIFICANT tax advantage the company has as geopolitical leverage.
- Details on the large lithium fund that’s backing Li-FT in a big way (and deep pockets) at 16:47.
Do not miss this interview with Li-FT Power CEO Francis MacDonald.If you’re interested in the lithium sector, click on the link below:
Regards,Marin Katusa**Note: Consensus-published analyst’s prices can be found in the public domain at MarketScreener.
Details and Disclosures
IMPORTANT DISCLAIMER: Katusa Research, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction. Please do not rely on the information presented by Katusa Research as personal investment advice. If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor. The communications from Katusa Research should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.Li-FT Power Corp has reviewed and sponsored this article. The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter.Katusa Research nor any employee of Katusa Research is not registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. He is also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.HIGHLY BIASED: In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Katusa Research has received cash compensation from Li-FT Power Corp as reported in their Jan 9, 2024 news release and is thus extremely biased. Members of Katusa Research also own shares in Li-FT Power.It is crucial that you conduct your own research prior to investing. This includes reading the companies’ SEDAR and SEC filings, press releases, and risk disclosures.The information contained in our profiles is based on data provided by the company, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.HIGH RISK: The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.NOT PROFESSIONAL ADVICE: By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Katusa Research, and all partners, members, and affiliates harmless in any event or claim. While Katusa Research strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Katusa Research is not obligated to update, correct, or revise the information post-publication.FORWARD-LOOKING STATEMENTS: Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. Katusa Research does not undertake any obligations to update information presented, or to ensure that such information remains current and accurate.
