Volt Lithium ready for healthy uptrend

10月2日

Volt Lithium recently announced the successful deployment of their new DLE field unit in the Delaware Basin in partnership with a significant oil and gas producer. These units can be tailored and scaled for production at individual oil and gas well sites, making Volt's production flexible, geographically decentralized, and cost effective (Volt has one of, it not, the lowest lithium production costs as well as the lowest recoverable PPM that I have seen). Volt is a leader in current DLE production and has the benefit of maintaining a very low all-in sustaining cost- and ability to start small and scale upward. Volt's management team comes from the oil and gas industry and understand the business, giving them an edge on their competitors.

Looking at the charts - the price trend is holding strong and is touching both against the upper boundary of a wedge as well as bumping against a significant price level. I have hidden the much older price action that happened prior to the restructuring of the company into a pure lithium-focused company. I am expecting an eventual price breakout to the upside where the market cap reaches ~250M USD or greater in the coming months and year. In the short term the price may either experience a modest pullback into this year's trading range or generally hold at this level prior to a breakout upward. Breakout above the wedge and holding steady above ~$0.5 CAD for a few days or weeks will be a clear indicator to me that we will see upward price movement over the coming months.