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Lithium-Universe-Initiation-Report-15-Apr-2024.pdf

Independent research report prepared by East Coast Research.

"We initiate coverage on Lithium Universe (ASX: LU7) with a 12-month target price of $0.053 – representing a 151.7% upside from the current share price of $0.021. Led by lithium pioneer, Iggy Tan, Lithium Universe has gathered a big team of lithium industry experts with proven experience and a track record of successfully constructing and commissioning lithium projects on time and on budget. Drawing on its expertise, LU7’s Dream Team is working on closing the massive gap in downstream lithium processing in North America by building a 16,000 tpa Lithium Carbonate Refinery in Quebec, for which the company is rapidly completing a DFS."

East Coast Research Report: On its way to building a major lithium resource and refinery