Welcome To The Rodinia Lithium Inc. HUB On AGORACOM

Edit this title from the Fast Facts Section

Message: Dundee & Salmon: "Buy"

(my underline/bold)


The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Mansur Khan, Dundee Securities (4/4/12) "We reiterate our Buy recommendation for RodiniaLithium Inc. . .the recent announcement of a nondilutive $3M financing based on the company's potash-stream potential should be welcome news considering it does not dilute shareholders at current levels and unlocks some of the potash byproduct value not reflected in its current market capitalization; assuming transaction approval, we believe this will help to reduce Rodinia's near-term financing risk."

Ray Goldie, Salman Partners (4/3/12) "Rodinia Lithium Inc. announced yesterday that 'it intends to issue 3M subscription receipts to an investor, at a price of CA$1/per subscription receipt, for aggregate gross proceeds of CA$3M, on a nonbrokered private placement basis'. . .on the assumption that the buyer of the subscription receipts is paying a fair price, at the company's current share price, our estimate of its net asset value is unchanged from our previous figure. . .we retain our Cdn$1.05 target price and our Speculative Buy recommendation."

Ray Goldie, Salman Partners (4/2/12) "Rodinia Lithium Inc.'s flagship property is the 100%-owned Diablillos lithium-potash brine project in Salta, Argentina, which we value at CA
.50/share. . .what does the pricing of the Galaxy Resources Ltd.-Lithium One Inc. deal imply about the value of Rodinia?. . .it is not quite as high as the CA$1.05/share that we derived by modeling cash flows from the company's operations. . .nevertheless, even the CA
.90/share valuation implied by this rough-and-ready analysis underlines the cheapness of its shares.

Mansur Khan, Dundee Securities (3/1/12) "Rodinia Lithium Inc. put out great news this morning with the Bureau of Land Management conditionally approving the plan of operations for the company's Clayton Valley project. . . this approval was in the waiting for nearly two years and in our view, it is a major step forward in unlocking value from this project. In addition to the development of the company's flagship Diablillos project in Argentina, this Clayton Valley project now coming alive can potentially provide further exploration upside and positive news flow to Rodinia's story in the near term."

Mansur Khan, Dundee Securities (2/16/12) "We reiterate our Buy recommendation for Rodinia Lithium Inc. with a target price of CA
.90; we believe this year is likely to be very important for Rodinia's flagship Diablillos lithium-brine project in Argentina.
The 5 Mmt Inferred resource is to be upgraded and pump and pilot tests are to be completed for a feasibility study due by year end."


New Message
Please login to post a reply