Bruce Campbell (2)
EMP Metals
EMPS-CSE
Unspecified
Jul 04, 2022
It is in Lithium in Saskatchewan. Very undervalued when compared to others. If and when it proves out their lithium brine and extraction technology it should do well.
Lithium consumption will increase. Supply is still constrained, more demand than supply. Saskatchewan government will make regulations easier. Fairly good successes on drilling. Has a lower valuation than a close competitor, making it more attractive.
This flies under the radar. They acquired some lithium wells in Saskatchewan for nearly nothing, a huge savings. They are cashed up. They will continue to roll out wells, and they have a technology partner. This has huge potential.
Interesting space. Lithium extraction through brine. Fantastic numbers from their wells, potentially twice as much lithium extracted as peers, so it could be more economic. Needs to build a pilot plant.