$NVLH CEO on the lithium industry "Story of Nevada Lithium is really a story of lithium and development in North America."
Found this short interview with the CEO of Nevada Lithium Resources ($NVLH $NVLH.c) that gives a great overview of the lithium industry
The lithium industry is set to explode with a huge amount of demand mostly coming from EV manufacturers. As it is a young industry with tremendous demand and not enough supply, $NVLH is in a solid position.
This interview comes after $NVLH filed a National Instrument 43-101 Technical Report for the Standards of Disclosure for Mineral Projects titled "Preliminary Economic Assessment NI 43-101 Technical Report, Bonnie Claire Lithium Project, Nye County, Nevada"
The PEA results showed:
- Avg annual production of 32,300 tonnes of lithium carbonate equivalent
- 23.8% after-tax IRR
- $1.5B after-tax NPV with 8% discount
- 15,000 tonne per day processing rate over a 40-year mine-life
https://www.youtube.com/watch?v=rFAGtJ6rRrQ&ab_channel=BusinessTelevision