Lithium Royalty Corp (LITRF)

$ATLX Today's market cap = $70 million. Previous Strategic Investment: March 2024: Mitsui ($MITSY) for $30 million @ ~$18 per share. Dec 2023: Chengxin for $10 million @ $29.77 per share.* Dec 2023: Yahua for $10 million @ $29.77 per share.* Previous Strategic Round: Nov 2023: Three-year unsecured convertible note, led by Martin Rowley for $20 million @ $28.225 per share. Previous Royalty Funding for the Neves Project: Dec 2023: Lithium Royalty ($LITRF) for $20 million. When compiled, the strategic investments and royalty funding exceeds today's market cap. *Chengxin and Yahua will each pay $40 million ($80 million total) for 80% of ATLX's Phase 1 lithium concentrate production. "Charity. Patience. Humility." - A reminder for self.

$LITRF bottom will be in sometime this year. There will be a short time to jump in before lithium goes into shortage again.

$BHLIF $LITRF Great progress https://mining.beehiiv.com/p/jims-mining-letter-july-1-2024 Worth reading

$LITRF @KavaStocks Any input on when a Li royalty company would signal a time to buy?

$ATLX call out from Rob Weir from $LITRF which is near 52 week low https://www.kitco.com/news/video/2024-06-12/-we-model-it-by-taking-it-right-out-lithium-royalty-s-rob-weir-on-country-risk

$LITRF 52 week low

$LITRF Lithium Royalty initiated with an Outperform at National Bank National Bank initiated coverage of Lithium Royalty with an Outperform rating and C$9.50 price target as part of a broader research note on Lithium names. Following a more than 80% drop in prices of lithium compounds in 2023, the firm remains cautious on the space in the near term despite the slight recovery seen in early 2024, the analyst tells investors in a research note. Demand from EVs to continue to grow, but the supply response is likely to be quick enough to dampen any risk of material deficit existing in the market in the near term, the firm states. National Bank adds however that the firm continues to expect stronger demand for lithium in the second half of the decade, which will in turn require the addition of supply from greenfield projects currently in permitting, feasibility, or in development state.

$ALB Lithium Royalty CEO: "Market prices for lithium declined by ~81% YoY in Q1 24....prices declined by 48% QoQ..since the lows observed in January and February of this year, prices have increased meaningfully." $LITRF

$LITRF hmm maybe price will rebound with spot price?

Lithium Royalty Sees Short Interest Decrease from 148,700 shares to 115,100 shares. $LITRF https://www.marketbeat.com/stocks/OTCMKTS/LITRF/