Advantage Lithium: Proving up a Lithium Resource in Argentina
Argentina has been in the news. 60% interest rates, a recession and a temporary 8% export tax are not good news for miners. However, at this point, David Sidoo, CEO of Advantage Lithium (V.AAL) is cautiously optimistic. “It’s effecting all the juniors working in Argentina,” said Sidoo. “it surprised the market and it is going to be painful for the next twelve months. However, we have built a contingency into our Preliminary Economic Assessment. But it is important to explain to investors.”