That's because demand for the aptly-named "white petroleum" is on course to increase 10-fold by 2030 as global EV sales continue to shatter all previous sales records.
The world's top automakers are literally racing to secure their own future supply of the ultra-light battery metal.
Bloomberg New Energy Finance projects that, by 2040, 57% of all global vehicle sales will be electric.
Tesla founder, Elon Musk, goes a step further saying, "ALL transportation on earth will eventually go electric!"
Those facts are putting escalating pressure on lithium and lithium exploration stocks as multiple industries go toe-to-toe for supply of the cleanest energy-producing metal on earth.
Best of all, the company is drilling right now at its flagship lithium project… so the next round of results could be the key catalyst that sends this stock multiples higher.