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Lomiko Metals Receives Updated Buy Recommendation from SeeThruEquity with $0.19 Target Price a Premium of 375% - Video News Alert on InvestmentPitch.com
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2015) - New York based SeeThruEqui...
About this update from Lomiko Metals Inc.
[{"type":"text","content":"Lomiko Metals Receives Updated Buy Recommendation from SeeThruEquity with $0.19 Target Price a Premium of 375% - Video News Alert on InvestmentPitch.comVancouver, British Columbia--(Newsfile Corp. - December 15, 2015) - New York based SeeThruEquity has updated coverage on Lomiko Metals (TSXV: LMR) (FSE: DH8B) (OTCQX: LMRMF). Analyst Amit Tandon reiterated his speculative rating, and a target price of $0.19, a premium of 375% to the $0.04 price on December 14th, the day the report was issued.InvestmentPitch.com has produced a \"video news alert\" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Lomiko\" in the search box. If you cannot view the video above, please visit: http://www.investmentpitch.com/video/0_3ds5bkik/SeeThruEquity-has-updated-coverage-on-Lomiko-Metals-TSXVLMRCanadian-based Lomiko is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy, specifically graphite. In addition to developing high quality graphite plays, including the La Loutre Crystalline Flake Graphite Property and the Quatre Milles Graphite Properties in Quebec, Lomiko is pursuing synergistic growth opportunities in the technology and new energy markets. The company plans to leverage its position in the manufacturing of graphene, a graphite derivative up to 200x stronger than structural steel, which also possesses very high thermal and electrical conductivity properties. There are several long-term demand catalysts for high grade graphite, including from the lithium-ion battery industry, automotive demand from projects similar to the Tesla Gigafactory, as well as potential new applications of graphite derivative graphene, including 3D printing, LED drivers and power conversion products. The company's wholly owned subsidiary, Lomiko Technologies, appears to be nearing commercialization for its innovative new Spider Charger™, developed by the company as a result of technology acquired through Lomiko's licensing agreement with Megahertz Power Systems Ltd.SeeThruEquity believes there is clearly a large market potential for the Spider Charger™, which has applications for residential and commercial builders, airlines, schools, and businesses such as coffee shops, with clientele seeking charging ...