Tolga Kumova Speaks About Lithium's $PMET.CN
Looking to get into the lithium space?
Listen at the 5:10 minute mark, and hear what millionaire mining magnate Tolga Kumova has to say about Patriot Battery Metals. PMET is listing soon on the ASX.
Looking at Canada overall, Kumova said he finds the valuation of some Canadian battery metal plays "confusing" believing that some companies would trade at significantly higher multiples when viewed by Australian investors. Canada's Noront Resources found itself in a bidding war last year when Wyloo Metals and BHP Billiton, both with Australian roots, vied for ownership.
"It's kind of a bit strange, but it's also a bit of an opportunity," said Kumova
$PMET.CN closed today at $2.70 Cdn with a Mkt Cap of $174.1M
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