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Experts Commenting on This Company
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Rodinia Lithium Inc.TICKER: RM:TSX.V; RDNAF:OTCQX
Rodinia Lithium is a Canadian mineral exploration company with a primary focus on lithium exolpration and development in North and South America. The company, with assets in Nevada and Argentina, is positioned to capitalize on the expected increased demand for lithium carbonate projected to result from the paradigm shift to mass adoption and use of key lithium applications such as lithium-ion batteries, glass ceramics, pharmaceuticals, etc. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
The Energy Report Interview with Daniela Desormeaux (1/26/12) "I think that Rodinia Lithium Inc. can be a player in the lithium industry." More >
Ray Goldie, Salman Partners (1/20/12) "Rodinia Lithium Inc. had established a partnership with Shanshan Enterprise, a Hong Kong-listed 'supplier of lithium-ion battery composite materials'. . .We consider Rodinia's Net Asset Value to be a reasonable basis for assigning a target price to Rodinia. Thus, we boost our 12-month price target. . .and we maintain our SPECULATIVE BUY recommendation on Rodinia's shares."
Vishy Karamadam, Ubika Research (11/9/11) "Rodinia Lithium Inc. announced the results of a preliminary economic assessment (PEA) for the Salar de Diablillos lithium brine deposit. . .the PEA outlines an operation producing 15 Ktpa lithium carbonate per year and approximately 51 Ktpa potash, projecting a 34% internal rate of return pretax and a $561M pretax net present value at an 8% discount rate. . .this PEA gives a strong indication that the Salar de Diablillos project has the potential to be a low-cost, high-purity producer of battery-grade lithium carbonate, potash and boric acid using conventional production processes."
Morning Coffee (11/9/11) "Rodinia Lithium Inc. announced the results of the preliminary economic assessment (PEA) completed on its 100%-owned Salar de Diablillos lithium brine project. . .specific highlights included: 1.) The project shows potential to be a low-cost operation, producing battery-grade lithium carbonate (LC) for as low as US$1,486/mt and 2.) Potash and boric acid credits exceed the costs to produce LC, which brings the combined operating costs per tonne LC below zero (US$703). Management stated that the company continues to advance the technical and processing aspects of the Salar and will commence a feasibility study once the PEA report is finalized."
David Talbot, Dundee Securities (11/8/11) " We reiterate our Buy for Rodinia Lithium Inc. with an increased target price of CA$1.05 from our previous $0.75. . .an impressive preliminary economic assessment was released yesterday for the flagship Diablillos Lithium Brine project in Argentina. . .Rodinia continues to trade at US$3/t LCE, a significant discount to its peers group average of US$11/t LCE. While Rodina is early stage, we believe the company's attractive asset, experienced management team, and steady derisking of the project should justifiably close this gap; Rodina envisions a low risk, conventional lithium brine operation with potash processing processing performed about 100km away."
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