TSXV:BRW - Post Discussion
Post by
deepoil0808 on Aug 26, 2023 4:24pm
New Presentation for BRW
I learned a little information on lithium from my other investment in Surge Batteries (NILI.V).
Investors often question if a new technology comes along like solid state batteries for lithium which Toyota is working on. Graham Harris of Surge Batteries addressed this point and said that it would be even better for lithium stocks because solid state batteries use 4x the amount of lithium in liquid state. So 4X the demand for lithium should solid state batteries become of age.
BRW has submitted a new presentation and what is of interest is that BRW has re-oriented its focus to the hot James Bay Area. There was nothing in the presentation on Hearst, Sastchewan, Manitoba, New Brunswick, Nova Scotia. 230823-Brunswick-Exploration-Q2.pdf (brwexplo.ca) Instead the focus is on lithium discoveries made to date:
(a) Mirage (has over 150 boulders + possible sources of boulders)
(b) Antacau West (drilling of 3,500 meters discovered lithium)
(c) Antacau Main (found spodumene bearing pegamatities.
All three have confirmed lithium.
Next to be discovered
(e) Plex (has over 150 large pegmataties to be inspected)
(f) Myrthl (work to do, never been worked before)
(g) Elrond (work to do, never been worked before)
I believe that BRW has the proper vision in place by concentrating where the action is.
I forsee that Allkem will eventually make a bid for Anatacau properties from BRW which will give it lucrative funds going forward to fund its operations. They need to do at least one drill program at Anatacau Main to prove it to Allkem, that lithium stretches all the way from their property to Anatacau Main.
What is the price for this that Allkem would be willing to pay?
I would say anywhere from $ 25 million to $ 50 million.
Good Luck,
Note: Keep an eye on NILI.V or you miss a great opportunity.
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