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American Lithium Corporation

American Lithium Corporation (AMLI)

0.704
0.0085
(1.22%)
Closed May 27 4:00PM
0.7033
-0.0007
(-0.10%)
After Hours: 7:10PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
0.7033
Bid
0.40
Ask
1.30
Volume
204,998
0.691 Day's Range 0.75
0.4648 52 Week Range 2.325
Market Cap
Previous Close
0.6955
Open
0.691
Last Trade
10
@
0.72
Last Trade Time
Financial Volume
$ 145,148
VWAP
0.708047
Average Volume (3m)
375,142
Shares Outstanding
214,655,814
Dividend Yield
-
PE Ratio
-5.90
Earnings Per Share (EPS)
-0.17
Revenue
-
Net Profit
-35.67M

About American Lithium Corporation

American Lithium Corp is a Canada-based exploration-stage company. Principally, it is engaged in the acquisition, exploration, and development of lithium deposits. The properties of the company include Colorado Property, Fish Lake Valley, Atlantis, Fish South Property, Gap Lode Claim Block Property,... American Lithium Corp is a Canada-based exploration-stage company. Principally, it is engaged in the acquisition, exploration, and development of lithium deposits. The properties of the company include Colorado Property, Fish Lake Valley, Atlantis, Fish South Property, Gap Lode Claim Block Property, TLC Property, FALCHANI property, Macusani and Extinction Ridge Property. Show more

Sector
Miscellaneous Metal Ores,nec
Industry
Miscellaneous Metal Ores,nec
Headquarters
Vancouver, British Columbia, Can
Founded
1970
American Lithium Corporation is listed in the Miscellaneous Metal Ores sector of the NASDAQ with ticker AMLI. The last closing price for American Lithium was $0.70. Over the last year, American Lithium shares have traded in a share price range of $ 0.4648 to $ 2.325.

American Lithium currently has 214,655,814 shares outstanding. The market capitalization of American Lithium is $210.36 million. American Lithium has a price to earnings ratio (PE ratio) of -5.90.

AMLI Latest News

American Lithium Strengthens Team and Launches Major ESG Initiative in Peru

VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to announce the...

American Lithium Receives NASDAQ Notice of Minimum Price Deficiency and Clarifies Previous Engagement with New Era Publishing Inc.

VANCOUVER, British Columbia, March 13, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) has received written...

American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to announce it...

American Lithium Announces Financial and Operating Highlights for Third Quarter Ended November 30, 2023

VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) provides financial and...

Updated PEA for Falchani Highlights Robust Economics After-tax NPV8% Triples to US$5.11 Billion, IRR 32.0% and Low Opex $5,093/t LCE

VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AMLI | Frankfurt:5LA1) is pleased to announce the...

Following Unanimous Ruling from Superior Court of Peru Confirming Company’s Title to 32 Disputed Concessions, INGEMMET and MINEM Petition the Supreme Court in a Final Attempt to Reverse the Ruling

VANCOUVER, British Columbia, Dec. 29, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) announces that it has been...

American Lithium Files Updated Mineral Resource Technical Report on Falchani Supporting 476% Increase in Measured & Indicated Lithium Resource

VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to announce it...

Recent Drilling at TLC Significantly Expands Higher Grade, Near Surface Lithium Mineralization

VANCOUVER, British Columbia, Dec. 08, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to announce...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.01331.927536231880.690.850.67084742680.75945861CS
40.158329.04587155960.5450.850.53113154710.68582823CS
12-0.0367-4.959459459460.740.850.46483751420.68352138CS
26-0.4067-36.63963963961.111.290.46484260060.87231442CS
52-1.3467-65.69268292682.052.3250.46484531001.2788116CS
156-2.4367-77.6019108283.143.830.46484551981.70532916CS
260-2.4367-77.6019108283.143.830.46484551981.70532916CS

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AMLI Discussion

View Posts
playtowinthegame playtowinthegame 4 weeks ago
She is starting to pop
👍️0
Monksdream Monksdream 1 month ago
AMLI new 52 week low
Next day settlement begins 5/28
👍️0
mick mick 1 month ago
still going south /\

AMLI
American Lithium Corporation
0.562
-0.026 (-4.42%)
Volume: 364,811
Day Range: 0.55 - 0.58
Bid: 0.56
Ask: 0.565
Last Trade Time: 5:31:57 PM EDT
Total Trades: 788
👍️0
Monksdream Monksdream 1 month ago
AMLI new 52 lo
👍️0
Monksdream Monksdream 2 months ago
AMLI new 52 lo
👍️0
Admtiger Admtiger 2 months ago
I received my email about the price deficiency yesterday. Can anyone say reverse split.
👍️0
mick mick 2 months ago
AMLI
American Lithium Corporation
0.7876
0.0106 (1.36%)
Volume: 313,973
Day Range: 0.7329 - 0.7775
Last Trade Time: 6:10:07 PM EDT
👍️0
Monksdream Monksdream 3 months ago
AMLI new 52 week low
👍️0
Monksdream Monksdream 4 months ago
AMLI new 52 week low
👍️0
mick mick 4 months ago
IS THIS WHY
https://ih.advfn.com/stock-market/NASDAQ/american-lithium-AMLI/stock-news/92911254/following-unanimous-ruling-from-superior-court
👍️0
mick mick 4 months ago
NO WHAT MEANS
👍️0
Monksdream Monksdream 4 months ago
You’re behind the curve, way behind the curve
🌈 1 🍆 1 👎️ 1 🤡 1 🩳 1
mick mick 4 months ago
Target Price 4.31
👍️0
mick mick 4 months ago
GOING NASDAQ DID NOT HELP ANY https://www.otcmarkets.com/stock/AMLI/overview
👍️0
mick mick 4 months ago
nice CHART MD ANYTHING WRONG WITH THEIR PROPERTIES
👍️0
Monksdream Monksdream 4 months ago
AMLI new 52 week low
🌈 1 🍆 1 👎️ 1 🤡 1 🩳 1
Monksdream Monksdream 4 months ago
AMLI new 52 week low
👍️0
mick mick 5 months ago
https://www.otcmarkets.com/stock/AMLI
👍️0
mick mick 5 months ago
https://www.otcmarkets.com/stock/AMLI
👍️0
mick mick 7 months ago
https://www.otcmarkets.com/stock/AMIL
👍️0
CashCowMoo CashCowMoo 8 months ago
Been crashing all year. 1yr chart is awful.
👍️0
mick mick 8 months ago
https://www.otcmarkets.com/stock/AMLI
👍️0
rtrstock rtrstock 9 months ago
Good day today, what's the future projection?
👍️0
mick mick 9 months ago
AMLI
American Lithium Corporation
1.32
-0.01 (-0.75%)
Volume: 2,185,298
Day Range: 1.14 - 1.32
Last Trade Time: 7:32:16 PM EDT
👍️0
mick mick 9 months ago
AMLI
American Lithium Corporation
1.32
-0.01 (-0.75%)
Volume: 2,185,298
Day Range: 1.14 - 1.32
Last Trade Time: 7:32:16 PM EDT
👍️0
Brokemillwright Brokemillwright 10 months ago
Lol....... $1.38 so far today
👍️0
chico237 chico237 11 months ago
JULY 12th 2023 - American Lithium Intersects Highest Grade Lithium and Cesium Samples Encountered to Date at Falchani - Up to 5,645 ppm Lithium and up to 12610 ppm Cesium

https://mailchi.mp/americanlithiumcorp/surgeinvestmentclose-8224263?e=1f0e41ab3d
American Lithium Intersects Highest Grade Lithium and Cesium Samples Encountered to Date at Falchani - Up to 5,645 ppm Lithium and up to 12610 ppm Cesium

VANCOUVER, BRITISH COLUMBIA, July 12, 2023 – American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AMLI | Frankfurt:5LA1) is pleased to provide details of assay results from three diamond drill holes recently drilled at the Falchani Lithium project in Puno, southeastern Peru (“Falchani”). These 3 holes were drilled under the ten-hole Environmental Impact Assessment (“EIA”) hydrology drilling program launched at Falchani last fall as part of the EIA hydrology study designed by EDASI SAC and SRK Peru with field work overseen by EDASI. This program has successfully demonstrated that there are no water table issues within proposed development areas across Falchani and the program has also enabled the drilling and analysis of core down to a depth of 120 metres (“m”). Once full results from this program are complete all data and assays will be incorporated into an updated resource report on Falchani to be prepared by Stantec Consulting, Inc (“Stantec”).

Core logging and assay results from these three diamond holes intersected intervals of typical Falchani volcanic tuff as well as large sections of breccias with highlights including Lithium up to 5,645 ppm and Cesium up to 1.22%, the highest grades of both metals encountered to date from 1 m drill core interval samples at Falchani. These holes were drilled in key areas both within and outside the current Falchani resource footprint and will add additional information to the planned mineral resource estimate update with a focus on expanding the overall resource and reclassifying the existing resource. Full details of the results from these three holes are set out below:

EIA Drill Program and Initial Results
Link to: Figure 1 – Falchani EIA Hydrology and Previous Drill Hole Location Map (also see below)
EIA diamond drill hole Pz04-TV (vertical) intersected lithium mineralization over the entire vertical drill hole; 0-120 m averaged 2,186 ppm Lithium (Li); 841 ppm Cesium (Cs); 1,215 ppm Rubidium (Rb); and 2.62% Potassium (K) - (see Table 1 – Drill Hole Pz04-TV results, below):
Several substantial sub-intervals of +3,000 ppm Li intersected;
Maximum Li of 5,645 ppm Li over 1 m at 54 m downhole; and
This drill hole is the westernmost drill hole reported at Falchani and extends the drilled mineralization approximately 250 m further west. Mineralization remains open at depth (>120 m).
EIA diamond drill hole Pz03-TV (vertical) intersected the strongest Cesium mineralization to date with associated moderate lithium mineralization over the upper 63 m downhole averaging 1,428 ppm Li; 4,770 ppm Cs; 1,188 ppm Rb; and 2.67 %K (see Table 2 – Drill Hole Pz03-TV results, below):
The upper interval (0-23 m) is richer in Li with the lower interval (23-63 m) much richer in Cs, including the highest 1 m Cs interval sample encountered at Falchani of 12,160 ppm Cs (1.2% Cs);
Cs mineralization is associated with more intense brecciation and hydrothermal overprint observed in this hole, drilled from within the natural valley separating the east and western parts of the Falchani resource. This hole establishes the deposit thickness/bottom within the valley.
EIA diamond drill hole Pz06-TV (vertical) intersected typical Falchani tuff over the entire 86 m drilled and analyzed to date averaging 2,739 ppm Li; 338 ppm Cs; 1,292 ppm Rb; and 2.87% K (see Table 3 – Drill Hole Pz06-TV results, below); drilling at this location continues in Li mineralization.
Ground water has yet to be encountered in any holes within the 120 m reporting drill depth, so EDASI and the Company is requesting permission from ANA, the National Water Authority, to drill deeper:
10 diamond drill holes were approved for EIA drilling, including installation of downhole piezometers to monitor water table and local groundwater parameters where water is encountered;
Every 5m EDASI collects drill hole wall-rock measurements of moisture content, water, etc. resulting in very slow drill advancement, but essential data and information for feasibility study;
Drill core chemical analysis is required under the EIA, and reporting mineralization is allowed; and
EIA Program is close to completion and additional results will be reported when available.
Simon Clarke, CEO of American Lithium states, “We are excited to have intersected thick, high grade lithium mineralization west of the current Falchani resource footprint, which should allow for resource expansion. The strong cesium and lithium mineralization encountered in the central valley bisecting Falchani is also very interesting from a strategic perspective with higher than previously recorded cesium grades. The entire EIA program will provide valuable additional data to the existing drill results from Falchani.
We are also very pleased to be back working constructively and successfully in Peru. We received the first new permits for the new Quelcaya targets several weeks ago and have also launched a new drill program on some of our best targets across the Macusani Plateau. We anticipate receiving our next drill permits for additional infill and expansion drilling at both the Falchani Deposit and the Macusani Uranium Project shortly. Expanding and reclassifying the resource is a key piece of the updated PEA we are targeting for the end of Q3.



News continues with additional charts....

Form your own opinions & conclusions above!
FALCHANI & TLC PROJECTS ARE GAINING TRACTION - (I think production 2027/2028 is in the cards... keep adding, trading as each investor sees fit!) IMHO

STELLANTIS, FORD,VW & OTHER AUTOMAKERS NEED LITHIUM AS THEY BUILD OUT BATTERY MANUFACTURING SUPPLY CHAINS! AMERICAN LITHIUMS TWO PROJECTS ARE WELL ADVANCED & MY GUESS 3- YEARS OUT @ 2027 timeframe. LOOK FORWARD TO PEA's, then F.S. & Finance & OFF-Take agreements or a BUY-OUT FROM larger Lithium producer...

Chico
👍️0
mick mick 11 months ago
AMLI
American Lithium Corporation
2.01
0.06 (3.08%)
Volume: 277,932
Day Range: 1.94 - 2.02
Last Trade Time: 7:55:42 PM EDT
👍️0
mick mick 11 months ago
AMLI
American Lithium Corporation
2.08
-0.05 (-2.35%)
Volume: 269,426
Day Range: 2.02 - 2.09
Last Trade Time: 7:59:36 PM EDT
👍️0
bradkinne bradkinne 12 months ago
Chico,
Thanks for this!
Some investors will understand your last sentence but not Brad Kinne.

Please explain,
"One good OFF-take agreement and a F.S. away from $$$"
👍️ 1
chico237 chico237 12 months ago
American Lithium Reaches Definitive Agreement to Spin Out
Macusani Uranium Deposit into an Independent Public Company
https://mailchi.mp/americanlithiumcorp/macusanispinout?e=1f0e41ab3d
RIDING THIS INTO PRODUCTION!
TLC -LITHIUM
FACHANI-LITHIUM
Not yet sure what URANIUM Company this will turn into or how it all pans out? But they are SPINNING it out into a new entity.
Under $2 is undervalued. One good OFF-take agreement and a F.S. away from $$$
all IMHO
Chico
👍️ 1
Nelson2 Nelson2 12 months ago
Yea, it saved me the headache of looking up to the left side of my screen
BRILLIANT post. LOL

GLTA

👍️0
MasterBlastr MasterBlastr 12 months ago
This really surprises me.
👍️0
mick mick 12 months ago
AMLI
American Lithium Corporation
1.99
0.15 (8.15%)
Volume: 301,023
Day Range: 1.80 - 2.00
Last Trade Time: 5:02:10 PM EDT
👍️0
mick mick 12 months ago
AMLI
American Lithium Corporation
1.99
0.15 (8.15%)
Volume: 301,023
Day Range: 1.80 - 2.00
Last Trade Time: 5:02:10 PM EDT
👍️0
mick mick 12 months ago
AMLI
American Lithium Corporation
1.96
0.02 (1.03%)
Volume: 242,815
Day Range: 1.95 - 1.995
Last Trade Time: 6:31:27 PM EDT
👍️0
mick mick 12 months ago
thank you happy memorial day
👍️0
chico237 chico237 1 year ago
5/8/2023 ~American Lithium Receives First of 3 Drill Permits to Commence Additional Development and Discovery Drilling at and around Falchani Peru
https://americanlithiumcorp.com/american-lithium-receives-first-of-3-drill-permits-to-commence-additional-development-and-discovery-drilling-at-and-around-falchani-peru/
American Lithium Receives First of 3 Drill Permits to Commence Additional Development and Discovery Drilling at and around Falchani Peru Drilling to Start Immediately
VANCOUVER, BRITISH COLUMBIA, May 8, 2023 – American Lithium Corp. (“American Lithium” or the
“Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to announce receipt of the first of three
permits from Peruvian authorities for drilling near Quelcaya, 5-6 kms west of the Company’s Falchani
deposit, and drilling will start immediately.
Simon Clarke, CEO of American Lithium states, “This is a very significant development for the Company
which validates recent supportive comments from the new government in Peru and enables us to target
the discovery of new lithium mineralization on some of the best previously identified targets on the
Macusani Plateau. With momentum building, the Company continues to advance its projects in Peru and
Nevada with PFS work being fast-tracked on both of our large-scale lithium projects.”
This is a major development for the Company as it represents the successful conclusion of the Company’s
permit application process to secure this drill permit which now enables the Company to drill test several
new, high priority lithium targets. It also provides validation of recent comments from the new
government in Peru that the mining sector is now working “as normal” again and supporting the
development of our lithium projects and the industrialization of lithium as a new mineral in Peru.
Given these recent developments, we also anticipate final permits being approved shortly for expansion
and infill drilling at both the Falchani lithium deposit and at the Macusani uranium project. The Company
has four diamond drills on site at Falchani where drilling related to the ongoing environmental impact
assessment (“EIA”)commenced in 2022 and is well advanced. The current intention is to complete drilling
at both Falchani and Quelcaya prior to commencing drilling at Macusani, likely following completion of
the intended spin out of this Project into its own listed vehicle, as previously announced.
Highlights:
• Quelcaya discovery and exploration permit received from MINEM; community access agreements and
other permits already in place; drilling to start immediately on priority targets;
• Final Falchani expansion and infill drill permit expected within the next few weeks;
• Up to 8,000 m of diamond drilling (40 drill holes) planned, including:
o Discovery / exploration diamond drilling at Quelcaya on 3 key target areas 5-6 km west of the
Falchani resource area; recent field work located outcrop grab samples1 of up to 3,272 ppm Li;
o Deposit extension drilling on the Falchani deposit, focused west of Tres Hermanas and to the
northwest of resource footprint on previously untested ground; and
o In-fill drilling within the Falchani resource area for resource reclassification and expansion of the
large, indicated and inferred mineral resource to measured and indicated.
• Pre-feasibility Study (“PFS”) work is well underway on Falchani with completion targeted for late 2023
/ early 2024, including an update to existing PEA by mid 2023 which will include:
o Cesium and potassium by-products which are not currently included; (THIS IS HUGE & WILL GARNER U.S. ATTENTION!!!!! DoD IMPLICATIONS HERE.....)
o Updated long term LCE pricing from original outdated $12,000/t to $20,000/t; and
o Updated mineral resource estimate from current drill program.
Notes
1 Grab samples are selective, and the selected nature of such sampling does not necessarily reflect
potential lithium contents expected from future drill testing, however, they do indicate the presence of
lithium mineralization and mineralizing systems in the surface rocks collected.
Market Awareness Program
The Company also announces that it has entered into an agreement (the “Agreement”) with New Era
Publishing Inc., of Vancouver, British Columbia, to provide marketing services including content creation
and distribution and market awareness and educational campaigns as featured on its channels including
www.katusaresearch.com
The Agreement contemplates a four-month timeframe, with New Era providing services through August
31, 2023, with a total budget of US$1,000,000. Prior to the commencement of services, New Era will
receive an advance deposit of US$250,000 to secure appropriate space for the campaign, with a further
US$250,000 to be paid to commence creative development and the balance of US$500,000 to be paid to
commence the outbound campaign.
New Era has advised that it does not have any equity interest in the securities of the Company, or any
right to acquire such an interest and is at arm’s length to the Company. New Era will provide the Company
with an opportunity to review all content describing the Company with an opportunity to review all
content describing the Company generated by New Era prior to its publication and New Era will not publish
or distribute any content without the prior approval of the Company.
The Company has elected not to proceed with the engagement of Promethean Marketing Inc. previously
announced in the news release issued by the Company on November 2, 2022.
Qualified Person
Mr. Ted O’Connor, P.Geo., a Director of American Lithium, and a Qualified Person as defined by National
Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific
and technical information contained in this news release.
About American Lithium
American Lithium is actively engaged in the development of large-scale lithium projects within miningfriendly jurisdictions throughout the Americas. The Company is currently focused on enabling the shift to
the new energy paradigm through the continued development of its strategically located TLC lithium
claystone project in the richly mineralized Esmeralda lithium district in Nevada, as well as continuing to
advance its Falchani lithium and Macusani uranium development-stage projects in southeastern Peru. All
three projects, TLC, Falchani and Macusani have been through robust preliminary economic assessments,
exhibit strong significant expansion potential and enjoy strong community support. Pre-feasibility work
has now commenced at TLC and Falchani.

See also:
5/10/2023 AMERICAN LITHIUM ~ EVERYTHING YOU NEED TO KNOW ABOUT LITHIUM
https://americanlithiumcorp.com/wp-content/uploads/2023/05/Everything-You-Need-to-Know-About-Investing-in-Lithium_FV.pdf


Form your own Opinions & Conclusions above!
IMHO THIS IS UNDERVALUED AT CURRENT RANGE.

Chico
👍️0
mick mick 1 year ago
AMLI
American Lithium Corporation
2.11
0.06 (2.93%)
Volume: 220,891
Day Range: 2.01 - 2.13
Last Trade Time: 7:55:02 PM EDT
👍️0
mick mick 1 year ago
AMLI
American Lithium Corporation
2.36
-0.13 (-5.22%)
Volume: 354,996
Day Range: 2.32 - 2.48
Last Trade Time: 7:54:26 PM EDT
👍️0
chico237 chico237 1 year ago
American Lithium files TLC PEA Report Highlighting Potential for Excellent Project EconomicsPFS for TLC immediately Launched with DRA Global
https://mailchi.mp/23e713f71f28/american-lithium-secures-additional-private-water-rights-for-planned-operations-at-tlc-8056863?e=1f0e41ab3d



American Lithium files TLC PEA Report Highlighting Potential for Excellent Project Economics
PFS for TLC immediately Launched with DRA Global; Bulk Sampling Commenced
VANCOUVER, BRITISH COLUMBIA, March 20, 2023 – American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AMLI | Frankfurt:5LA1) announces it has filed an independent National Instrument 43-101 Technical Report (the “Report”) on the Preliminary Economic Assessment (“PEA”) for the Tonopah Lithium Claims (“TLC”) project located in the Esmerelda lithium district northwest of Tonopah, Nevada. Highlights of the PEA were previously announced on February 1, 2023. The PEA and accompanying Technical Report were completed by DRA Global and Stantec Consulting Services Inc. (“Stantec”) and demonstrate that the TLC project has the potential to become a substantial, long-life producer of low-cost, high purity lithium carbonate (“LCE”).

The Company also announces that it has engaged DRA Global as lead engineer for the TLC Preliminary Feasibility Study (“PFS”). As part of the initial PFS work, large diameter (5.7”) diamond core drilling has commenced at TLC with 10 holes planned to target 10-15 tonnes of high grade TLC lithium claystone mineralization. The 10-hole program is spread throughout the proposed PEA mine plan footprint and will provide sufficient quantity and variability of mineralized material for detailed metallurgical and pilot process plant testing later in the year.

Simon Clarke, CEO of American Lithium states, “We are extremely pleased to have filed the PEA for TLC which shows the strong economic potential of the Project utilizing best of breed conventional mining and recovery techniques. The report is based on detailed process metallurgical work with robust mining and processing operating and capital costing, which allows us to move directly into our PFS work and should enable us to fast-track that process. We have commenced large diameter drilling at TLC to collect sufficient material for our detailed metallurgical test work to be undertaken in close consultation with DRA, enabling the completion of the PFS and running of pilot operations.”

Key Highlights of February 1, 2023 News Release:

TLC PEA Highlights (Base Case – Ramp-up Production Li only production):
Pre-tax Net Present Value (“NPV”)8% $3.64 billion at $20,000/tonne (“t”) LCE
After-tax NPV8% $3.26 billion at $20,000/t LCE
Pre-tax Internal Rate of Return (“IRR”) of 28.8%
After-tax IRR of 27.5%
PEA mine and processing plan produces 1.46 Mt LCE LOM over 40 years
Pre-tax initial capital payback period 3.6 years; after-tax payback 3.7 years**
Average LOM annual pre-tax cash flow: $435 million; annual after tax cash flow: $396 million
Initial Capital Costs (“Capex”) estimated at $819 million
Total Capex estimated at $1,456 million; Sustaining Capital estimated at $767 million
Operating cost (“Opex”) estimated at $7,443/t LCE inclusive of power credits
** Payback is based on Phase 1 capital alone, with undiscounted cashflows

TLC PEA Highlights (Alternate Case – Ramp-Up Production Li + Magnesium Sulfate production):
Identical LCE production scenario, but with added LOM average production of 1,681,856 tpa of magnesium sulfate (“MgSO4” - monohydrate and heptahydrate) by-products
Pre-tax Net Present Value (“NPV”)8% $6.06 billion at $20,000/t LCE & $150/t MgSO4
After-tax NPV8% $5.16 billion at $20,000/t LCE & $150/t MgSO4;
Pre-tax Internal Rate of Return (“IRR”) of 38.6%
After-tax IRR of 36.0%
Pre-tax initial capital payback period 2.6 years; after-tax payback 2.8 years
Average LOM pre-tax annual cash flow: $684 million; annual after tax cash flow: $ 591 million
Initial Capital Costs (“Capex”) estimated at $827 million
Total Capex estimated at $1,464 million; Sustaining Capital estimated at $738 million
Operating cost (“Opex”) estimated at $7,443/t LCE inclusive of power credits
Operating cost (“Opex”) estimated at $817/t LCE, inclusive of power & MgSO4 credits
PEA mine plan produces 1.46 Mt LCE and 64.9 Mt MgSO4 LOM over 40 years
Readers are encouraged to review the related February 1, 2023 News Release, and the Report titled “Tonopah Lithium Claims Project NI 43-101 Technical Report – Preliminary Economic Assessment” dated March 17, 2023, with an effective date of January 31, 2023, which was prepared by DRA Global and Stantec and can be found under the Company’s profile on SEDAR (www.sedar.com) and on the Company’s website. There are no material differences in the Report from the information disclosed in the February 1, 2023 news release.

Updated to Option, RSU and PSU Grant

The Company notes that its news release of February 2, 2023 referred to the grant of certain incentive stock options (the “Options”), restricted share units (the “RSUs”) and performance share units. The Options are exercisable over a term of sixty-months until February 2, 2028, and the RSUs vest after twenty-four months on February 2, 2025, and not as previously noted.

Qualified Persons

Mr. Ted O’Connor, P.Geo., Executive Vice President of American Lithium, and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

FORM YOUR OWN OPINIONS & CONCLUSIONS ABOVE!

TLC WILL BE ABLE TO PRODUCE MAGNESIUM SULFATE AS A BYPRODUCT!!!! ~ "HUGE FERTILIZER PRODUCT & other uses!'
Pre-tax Net Present Value (“NPV”)8% $6.06 billion at $20,000/t LCE & $150/t MgSO4
After-tax NPV8% $5.16 billion at $20,000/t LCE & $150/t MgSO4;
JUST FOR TLC ALONE..... FALCHANI is working on a few BYPRODUCTS as well, & MANCUSANI URANIUM Project should be spun out later this year 2023...
Well Under $2.6/share "Oversold" IMHO...
Chico
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chico237 chico237 1 year ago
UNDER $2.70 ... oh my! Oversold territory again... IMHO
Chico
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Retire43 Retire43 1 year ago
I think you’re using this board to promote ABT!

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bradkinne bradkinne 1 year ago
I am a bull when it comes to American Lithium but I just purchased some shares in "American Battery Technology" I am bullish on that company as well. It has more than doubled in the last few days. Their CEO is Ryan Melsert who used to be one of Tesla's engineers. It was Ryan's team who brought Tesla's gigafactory to life!

Search "COMPOUND INTEREST and Ryan Melsert" where you'll find Ryan's story. After you read it then search the latest news on AMERICAN BATTERY TECHNOLOGY(ABML) and like me you might want to use some of your $s to purchase some shares.

You should know I also purchased more shares of American Lithium today and will continue to do so.
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bradkinne bradkinne 1 year ago
go to "americanbatterytechnology.com/news/" and scroll down
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Boeagles Boeagles 1 year ago
Where did you see that Biden met with ABML and is rewarding them Monies? Is there an article?
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bradkinne bradkinne 1 year ago
I told you to put some of your money into American Battery Company(ABML) and it's 1.08 right now, up 0.24 at 1.08. Forecast of 2.50 sometime in 2023. When it goes to NASDAQ I can see it go much higher!
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bradkinne bradkinne 1 year ago
as I indicated in the last couple of days, American Lithium investors would be smart to put some of their money into American Battery Technology Company up 0.08 again today at 0.91. Over the past month it is up more than 30 cents with news about having the largest amount of lithium in the United States at Tonapah Flats mine in Nevada. Know that I also own American Lithium
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bradkinne bradkinne 1 year ago
hey, consider yourself fortunate. Your price per share is 3 times that of American Battery Technology(ABTC or ABML) and they have the highest amount of lithium on their acreage in the USA. They have also constructed an industrial plant to process batteries etc.

The CEO, brought to the company from Tesla, just met with Biden and has been awarded monies to continue their growth.
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mick mick 1 year ago
AMLI
American Lithium Corporation
2.66
-0.24 (-8.28%)
Volume: 612,395
Day Range: 2.62 - 2.6987
Last Trade Time: 7:30:33 PM EST
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